The advantage of keeping your money in a savings account is that you can withdraw money whenever you want from your account.
<u>Explanation:</u>
Unlike the long term investments which are withdrawn only upon maturity.
The initial investment is also very low which is depending on the type of savings account., as compared to the long term investment.
People who need to frequently deposit or withdraw amount in their bank accounts prefers savings account.
It also deals with small amount withdrawn or deposit.
Answer:
The recession accelerates
Explanation:
Recession is an economic phase where economy is generally slow with low GDP and high inflation. In order to avoid recession it is important that market forces run and move on their own without government influence. If an economy is in recession, a decrease in demand and production will lead to more panic and shortage that will accelerate recession.
You would need Disability insurance to protect one's income in the case that he or she becomes disabled.
So circumstances could include car crashes natraul events
Crossrail 1 project is about to start in London.
This project will require an initial investment of 9.4 billion. The project will start earning cash flows from year and it will continue to year 60 which is useful life of the project.
The NPV for the project will be 7.36 which is positive. The correct answer is c.
The payback period for project is 13.04 years which is given in the option a so correct answer is a.
The internal rate of return for the project is b. 7.35 .
Based on our analytics and calculation since NPV is positive so cross rail project is beneficial. The board should consider launching this project.
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answer options ? I cant answer without options lol