Author Question: You can invest 3,000 at the end of each of the next 20 years into a retirement account paying 10 ... (Read 120 times)

mia

  • Hero Member
  • *****
  • Posts: 564
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
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

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.

For a complete list of videos, visit our video library