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Author Question: To compound 100 quarterly for 20 years at 8, we must use A) 10 periods at 4. B) 40 periods at 4. ... (Read 71 times)

sam.t96

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on: Jul 11, 2018
To compound 100 quarterly for 20 years at 8, we must use
 
  A) 10 periods at 4. B) 40 periods at 4.
  C) 80 periods at 2. D) 5 periods at 12.

Question 2

If you marginal tax rate is likely to be lower in your retirement years, you should
 
  A)
 
  prefer a tax-deductible IRA to Roth IRA.
  B)
 
  prefer a Roth IRA to a tax-deductible IRA.
  C)
 
  be indifferent between investing in a tax-deductible IRA or a Roth IRA.
  D)
 
  prefer a non-tax advantaged investment to either a tax-deductible IRA or a Roth IRA.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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SeanoH09

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

A


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