This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If you have $5,000 to invest but will need to use the funds in three years to buy a home, you should (Read 17 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Apr 14, 2019

Question 1

If you have $1,000 to invest, but will need the money in one month to pay bills, you should


◦ put the money in a money market savings account.
◦ buy a one-year CD.
◦ buy stocks of relatively stable firms that have low risk.
◦ invest in a diversified stock mutual fund.

Question 2

If you have $5,000 to invest but will need to use the funds in three years to buy a home, you should


◦ invest in a diversified stock mutual fund.
◦ buy stocks of relatively stable firms that have low risk.
◦ buy a three-year CD.
◦ put the money in a money market savings account.
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sam.t96 on Apr 14, 2019

sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


sam.t96

  • Member
  • Posts: 570
Reply 2 on: Apr 14, 2019
Excellent

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

World Population Growth, Past 10,000 years World Population Growth, Past 10,000 years
Pangaea 200 Million Years Ago Pangaea 200 Million Years Ago
Biology Forums Home Page Mobile (Feb. 2022) Biology Forums Home Page Mobile (Feb. 2022)
Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ... Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ...
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Video: Bone cells and tissues - tissue composition and cells

For a complete list of videos, visit our video library