If the Federal Reserve did not regulate monetary policy, monitor banks, and provide services for banks, then the transactions would be more costly and interest rates will be more.
The Federal Reserve (Fed) in the US manages the economic and financial system in US. It regulate the monetary policy, monitor banks and provide services for banks. They monitor banks so that there will be no more increases in the costs of transactions than the cost agreed by the Fed. Also it will also reduce the possibility of increase in interest rates as the monetary policy is also implemented by the Fed. As a head of the banks, the Federal Reserve also provide services to other banks. In short, the Fed keeps the US economy stable. If they did not regulate monetary policy, monitor banks, and provide services for banks, then it would have been hard to keep this economic stability in US.
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Answer:
$38, 288.718
Explanation:
The amount to be withdrawn at the end of each year, for 30 years
The amount of $500,000 represents the present value while yearly withdraws the annuities.
We use a revised formula for calculating annuities.
Applicable formula is
P = PV × r/( 1 − (1+r)−n
P = annual withdrawals
PV = $500,000
r = 6.5%
n 30
P = 500,000 x( 0.065/ ( 1- (1 + 0.065) -30)}
p = 500,000 x (0.065/ (1-1+.065)-30)
p= 500,000 x (0.065 / 1-0.1511860661)
P =500,000 x (0.065 /0.848814)
P= 500,000 x 0.076577436
Yearly withdrawals = $38, 288.718
A cover letter is the professional communication .
Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE
A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.
Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments.
The turnover Pulse hypothesis states that generalist eaters confronted excessive charges of extinction during the ice a long time.
The pulsed climate variability framework indicates there are durations of extreme weather variability every 400 or 800 kyr pushed via the eccentricity maxima while lakes rapidly develop and fill tons of the Rift Valley and then unexpectedly disappear.
Phylogenetic turnover quantifies the evolutionary distance among species assemblages and is principal to expertise the main drivers shaping biodiversity. its miles affected each by means of the geographic and environmental distance between websites.
The theory is that the savannah became increasing because of increasingly more arid situations, which then drove the hominin version.
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