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

Author Question: Your investment advisor informs you that you do not need to pay a fee for his services. Instead, he ... (Read 62 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jul 10, 2018
Your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one month and keeps all of the proceeds before investing it for you.
 
  If your advisor makes and keeps a 2 return on your investment, what is his EAR if the earnings rate could be extrapolated for one year?
  A) 2.00
  B) 24.00
  C) 26.82
  D) 126.82

Question 2

Non-uniform demand can be accommodated in the EOQ model by allowing for non-uniform
  ordering costs.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: C
Explanation: C) EAR = (1 + hpr) (1/n) - 1 = (1.02)(12) - 1 = 26.82.

Answer to Question 2

FALSE


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Language Access Services Language Access Services
CPT Modifiers Used for Medical Office Services CPT Modifiers Used for Medical Office Services
HCPCs Modifiers Used for Medical Office Services HCPCs Modifiers Used for Medical Office Services
HCPCs Modifiers Used for Medical Office Services Cont. HCPCs Modifiers Used for Medical Office Services Cont.
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Angiotensin II - kidneys, adrenal glands and dehydration

For a complete list of videos, visit our video library