« previous next »

Author Question: You can invest 3,000 at the end of each of the next 20 years into a retirement account paying 10 ... (Read 156 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jul 10, 2018
You can invest 3,000 at the end of each of the next 20 years into a retirement account paying 10 annual interest.
 
  Alternatively, you can enter into a retirement plan with your employer where, for every yearly (end-of-year) payment of 3,000 you make, the firm will contribute 1,500. Your employer's plan will also last for the next 20 years. The firm guarantees a return of 7 on its retirement plan. Which option is better?
  A) Invest with your employer
  B) Indifferent
  C) Invest on your own

Question 2

________ is the act of giving something variety.
 
  A) Variance
  B) Covariance
  C) Deviation
  D) Diversification


Briannahope

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years
School age (late childhood): 6–12 years, or to puberty. School age (late childhood): 6–12 years, or to puberty.
Mount Pinatubo caused ~1˚C cooling for up to 5 years Mount Pinatubo caused ~1˚C cooling for up to 5 years
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ... Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ...
The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library