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Author Question: You can invest 3,000 at the end of each of the next 20 years into a retirement account paying 10 ... (Read 146 times)

mia

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  • 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

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

D


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