Author Question: Saving for retirement is different from most other forms of saving, A) because it need not be ... (Read 117 times)

DyllonKazuo · **on:** Jul 11, 2018

Saving for retirement is different from most other forms of saving,

A)

because it need not be placed in diversified investments.
B)

because of the special tax status accorded such savings.
C)

because such savings can be placed in more liquid investments.
D)

because such savings can be placed in more liquid investments and because it is accorded special tax status.

Question 2

If you invest 750 every six months at 8 percent compounded semiannually, how much would you
accumulate at the end of 10 years?

A) 21,731 B) 22,334 C) 10,065 D) 10,193