The answer is money order because it is an instrument used by a post office, express company and mostly by banks indicating that the payee may request and receive the amount indicated on the instrument or the money order. The money order is a trusted method of a payment than issuing a check because sometimes we get a bouncing check. A money order is a payment order for the amount of money you borrow in the banks or any express company that uses this instrument. And It is required that the funds should be prepaid for the amount shown in it.
There are 1 simple step to organize your writing. First, organize your thoughts on a paper and plan out what you want to add. You can do this with a graphic planner or just writing notes down you need. Next, create a rough draft to make sure your sentences flow properly, that you have no grammatical errors or misspellings. Finally, write out your final paper, so it's clean and well written out.
Under the Cobra Regulation, the company must allow his surviving spouse and dependents to continue their group health coverage for a maximum of 9 months if the employee has died. The Cobra regulation is a law made in the President Ronald Reagan era related to employees' standard<span>. This law regulates the health insurance coverage.</span>
The yield rate of Timothy's investment as decribed is; 14.52% per annum
According to the question;
- Timothy invests $2400 at time 0.
The return on the investment after the first 3 years provided he receives $700 at the end of each year for the first 3 years.
- After first 3 years; Return = 3 × $700 = $2100.
- At year 4: He pays $1033 = -$1033
- At year 7 and 8; He receives $860 each = $860 × 2 = $1,720
Therefore; the net yield on the investment after 8 years is;
$2100 - $1033 + $1,720 = $2,787
The net yield per year can then be evaluated as follows;
The yield rate of his investment is therefore the percentage yield per annum which is evaluated as follows;
- = ($348.375/$2,400) × 100%
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