Answer:
[D]
Explanation:
Based on the information provided within the question it can be said that the Clients being accredited or qualified would not affect registration requirements or exemptions. This is due to Investment Advisors Act of 1940 and Investment Advisor would have to register if they are giving advice about securities, being compensation, and being the business of giving advice, regardless if the client are accredited or qualified.
75 it depends on the persons background with education .
Answer:
The correct answer is option D.
Explanation:
Sunk costs can be defined as those costs which already been incurred and cannot be recovered anymore. These costs are excluded from business decision making.
It is can be referred to as a cost that is no longer relevant.
The $8 paid for a ticket, after the person starts watching the movie is a sunk cost as it cannot be recovered anymore.
Sunk costs are contrasted to relevant cost which is yet to be incurred in the future. Cost pf machinery, equipment, etc are examples of sunk cost.
Answer:
The money should be invested in bank = $137,639.05
Explanation:
Given annually withdrawal money (annuity ) = $12000
Number of years (n ) = 20 years
Interest rate = 6 percent.
Since a person withdraw money annually for next 20 years with 6 percent interest rate. Now we have to calculate the amount that have been invested in the account today. So below is the calculation for invested money.
![\text{Present value of annuity} = \frac{Annuity [1-(1 + r)^{-n}]}{rate} \\= \frac{12000 [1-(1 + 0.06)^{-20}]}{0.06} \\=12000 \times 11.46992122 \\=137,639.05](https://tex.z-dn.net/?f=%5Ctext%7BPresent%20value%20of%20annuity%7D%20%3D%20%5Cfrac%7BAnnuity%20%5B1-%281%20%2B%20r%29%5E%7B-n%7D%5D%7D%7Brate%7D%20%5C%5C%3D%20%5Cfrac%7B12000%20%5B1-%281%20%2B%200.06%29%5E%7B-20%7D%5D%7D%7B0.06%7D%20%5C%5C%3D12000%20%5Ctimes%2011.46992122%20%5C%5C%3D137%2C639.05)
