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3 years ago

Which investment is best for someone who is likely to need cash soon? mutual fund CD 401(k) savings account

Business

2 answers:

butalik [34]3 years ago

8 0

Answer:

savings account

Explanation:

Len [333]3 years ago

6 0

Answer:

Savings account

Explanation:

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You expect to receive $20,000 at graduation one year from now. you plan on investing it at 6 percent until you have $100,000. ho

Free_Kalibri [48]

The answer will be $120,000

4 0

2 years ago

Scenario planning is a useful technique for firms competing in industries characterized by __________ and ____________.

Gnom [1K]

The blank spaces will be filled by these words:
1) U<span>npredictability
2) Change

Scenario planning or as is alternatively called Scenario thinking, is a vital planning strategy which is used by some associations to make adaptable long term plans. It is an adjustment and adaption of classical techniques used by military intelligence.
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6 0

3 years ago

You recently purchased a stock that is expected to earn 20 percent in a booming economy, 15 percent in a normal economy, and los

ICE Princess25 [194]

Answer:

Expected rate of return on stock is 14.86%

Explanation:

The expected rate of return of a stock is the mean return that is expected to be earned by the stock considering the different scenarios that can occur, the return in these scenarios and the probability of the occurrence of these scenarios. The formula for expected rate of return of stock is,

rE = pA * rA + pB * rB + ... + pN * rN

Where,

pA, pB, ... represents the probability that scenario A, B and so on will occur or the probability of each scenario

rA, rB, ... represents the return in scenario A, B and so on

rE = 0.21 * 0.2 + 0.72 * 0.15 + 0.07 * -0.02

rE = 0.1486 or 14.86%

8 0

2 years ago

Find the amount of money in a savings account after 5 years if you deposit $400 at 1.5% interest compounded

zimovet [89]

Answer:

3.5%

Explanation:

it maks sence, duh.

7 0

2 years ago

Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme

lakkis [162]

Answer:

Option D , $15.12

Explanation:

Weighted-average method :

Materials

Units transferred to the next department = 10,300

Ending work in process:

Materials: 1,200 units × 90% = 1080

Equivalent units of production =10,300+1080= 11,380

Materials

Cost of beginning work in process inventory= $2,700

Costs added during the period = $173,900

Total cost (a) =$173,900+$2,700 = $176,600

Equivalent units of production (b)= 11,380

Cost per equivalent unit (a) ÷ (b) = $15.51

The cost per equivalent unit for materials for the month in the first processing department is closest to $15.51

3 0

3 years ago