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Zolol [24]
3 years ago
13

A registered representative has managed the account of her client for over 10 years. The client recommends her mother to the reg

istered representative as a potential client. Mom, age 65, has just moved out of her house into a smaller condominium, and has netted a $200,000 profit from doing this. The client tells the representative that her mother should invest conservatively. When the representative reaches out to the mother, she tells her that she is retired and that her current pension, plus social security that will be received in a few years, will give her more income than she needs. She wants to invest the $200,000 for growth, with the intention of leaving that money to her grandchildren when she dies. What would be the best recommendation
Business
1 answer:
ahrayia [7]3 years ago
7 0

Answer:

Aggressive growth fund is the correct answer.

Explanation:

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Rs.4000 becomes Rs.8000 in 10 years .What is the rate of interest ?​
kaheart [24]

Answer:

7.2%

Explanation:

\sqrt[10]{2}  = 1.072

3 0
3 years ago
3 types of AIDE that USA uses to alleviate poverty?
bonufazy [111]
<span>The three types are Pass Bill, More importance to Funding to foreign aid and work with other government and international organisations. The fist one pass bill, US government always take responsibility to pass bill to reduce global poverty. The second one concentrate on foreign funding is increased by getting more donors is used to develop the nations. The last one is work with others, supports collaborations and partnership is used to give more power to the US.</span>
5 0
3 years ago
The researchers solicited customers of dealerships located in diverse markets, selling a variety of brands, and operating as bot
alexandr1967 [171]
The word that comes in the blank space is; "sample".
<span>These customers represent the sample used in the study.</span>
5 0
3 years ago
Data mining can support the marketing function by: a. Eliminating the need for a firm to have a billing department b. Billing th
ohaa [14]

Answer:

D. Using customer's past purchase history to send information about related products and services the customer may be interested in

Explanation:

Data mining is the process whereby large pre existing databases are examined with the aim of generating new information. It is the extraction of usable data from a larger set of data. Company usually use this process to turn raw data into useful information that can be applied to their daily activities.

In the case of marketing, data mining helps in extracting useful information from a customer's purchase history in order to identify useful information on goods or services the customer may be interested in or attracted to.

3 0
3 years ago
A corporate bond has a face value of $1,000 and a coupon rate of 5%. The bond matures in 20 years and has a current market price
user100 [1]

Answer: 4.10%

Explanation:

Solve for the current rate being used using the RATE function on Excel.

Number of periods = 15

Payment = 1,000 * 5% = 50

Present value = Current market price - floatation costs = 900 - 25 = 875

Future value = 1,000 face value

The result will be:

= 6.31%

If tax is 35%, after-tax cost is:

= 6.31% * (1 - 35%)

= 4.10%

8 0
3 years ago
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