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marysya [2.9K]
2 years ago
10

A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The custom

er has an elderly widowed aunt who has died, and her estate attorney has contacted him, notifying him that he has been left $100,000 as an inheritance. The customer is single and has an annual income of $100,000 per year. He wants to use the inheritance to buy a retirement home, which he expects to do in 7 years. Over this investment time horizon, the general expectation is that interest rates will rise. The best recommendation to the customer is to invest the $100,000 in:
Mathematics
1 answer:
KiRa [710]2 years ago
6 0

Answer:

Money Market Instruments

Step-by-step explanation:

Money market instruments can be defined as a form of securities that help to provide businesses, banks as well as the government with large sum of amounts of low-cost capital for a short period of time because the financial markets tend to meet longer-term cash needs while Businesses tend to need short-term cash due to the fact that payments for goods and services sold might take months which is ‘Money Market’ are often been used to help to define a market where short-term financial assets are traded because they aim to increase the financial liquidity of a businesses company's or organization's.

The best recommendation to the customer is to invest the $100,000 in: MONEY MARKET INSTRUMENTS

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SashulF [63]

Answer:

Reflect the parent function over the x-axis, and translate it 8 units to the left.

Step-by-step explanation:

The given function is

y =  -  \sqrt{x + 8}

The parent function is

y =  \sqrt{x}

Since there is a negative multiply the transformed function, there is a reflection in the x-axis.

Since 8 is adding, within the square root, there is a horizontal translation of 8 units to the left.

Therefore to graph the given function, reflect the parent function over the x-axis, and translate it 8 units to the left.

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1 year ago
Shamir is trying to decide between two cities to travel to
Soloha48 [4]

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Step-by-step explanation:

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2 years ago
Which expression is equivalent to the equation?
IrinaK [193]

Answer:

Option 1

Step-by-step explanation:

The given equation equals 3072, so find the other equation that equals 3072.

Option 1 = 3072 - correct

Option 2 = 432 - wrong

Option 3 = 2883 - wrong

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I hope this helps!

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1 year ago
Which equation shows the inverse property of multiplication?
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Jason is designing the packaging for a new brand of snack crackers. To fit on shelves, the package must not be more than 8 1/2 i
drek231 [11]

Answer:

Step-by-step explanation:

8 1/2 inches  = \frac{17}{2} inches

To fit on shelves, the package must not be more than 8 1/2 inches tall, it means the height of the package can be at \frac{17}{2} inches

The box must be able to hold 100 cubic units of crackers. it means the volume of the box is 100 cubic units.

The base of the package to be squared

And we have the formula:

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=> S = V/h = 100 :  \frac{17}{2} = \frac{200}{17}  

=> the side of square: \sqrt{\frac{200}{17} }

The dimensions for Jason's design are:

The height: \frac{17}{2} inches  

The length and width: \sqrt{\frac{200}{17} }

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