An annuity is a great way to invest your money while "playing it safe."
True
False

Answers

Answer 1
True, An annuity is a great way to invest your money while "playing it safe". the rule of 72 is a great way to determine how long an investment will take to double. ... with virtually all investments, as the risk goes up, so does the potential return.
Answer 2
True, because a annuity is a great way regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.

Related Questions

what is pruning? what are the fruits trees primarily purned for?​

Answers

Answer:

To cut off dead, unwanted, useless parts of a bush and the purpose of pruning fruit trees is to maintain tree size, shape, and vigor.

5) Review the following citation. What type of media does it represent?
Patchin, J. W. & Hinduja, S. "School-based Efforts to Prevent Cyber-bullying." The Prevention
Researcher19.3 (2012): 7-9. Print.

Answers

Answer:

im bored

Explanation:

im bored

is an
emerging green career dedicated to the discovery of energy using the sun as its source

Answers

Yes it is a discovery

Marlie has to decide whether she could afford to make interest only payments for the first 4.5 years or decides to make no payments during the 4.5 years the interest will be capitalized at the end of the. Suppose marlie decides to defer The payments

Answers

Incomplete question. The full question read;

Marlie will be starting college next month. She was approved for a 10-year, Federal Unsubsidized student loan in the amount of $18,800 at 4.29%. She knows she has the option of beginning repayment of the loan in 4.5 years. She also knows that during this non-payment time, interest will accrue at 4.29%. Marlie has to decide whether she can afford to make interest-only payments for the first 4.5 years or defer all payments for that period of time. If she decides to make no payments during the 4.5 years, the interest will be capitalized at the end of that period. Suppose Marlie decides to defer the payments.

a. What will be the new principal when she begins making loan payments?

b. How much interest will she pay over the life of the loan?

Answer:

a) $22,429.34.

b) $5,292.20

Explanation:

a. To determine the new principal when she begins making loan payments we use the simple terms formula:

S.I = principal * rate * time

principal = $18,800, rate = 0.0429 (converted to decimal; 4.29/100), time = 4.5

S.I = 18,800 * 0.0429 * 4.5 = $3,629.34

New principal = interest paid + borrowed amount = $3,629.34 +  $18,800 = $22,429.34.

b) Remember, she had paid interest for 4.5 years, meaning we are calculating the remaining 5.5 years to complete the 10-year life of the loan, also taking note of the new principal.

Hence the total Interest paid over the life of the loan = $22,429.34 * 0.0429 * 5.5 = $$5,292.20.

are a cellular phones appropriate and suitable for the market and for the customers today? why?​

Answers

Explanation:

they are suitable since because they help different people to communicate

Answer:

i think this will help you

Where should you look to find your current expenses when building your budget

Answers

banks and credit statements

The focal point of most ads is _____.


A)the content

B)the tag line

C)the call to action

D)the image

Answers

Answer:

A) THE CONTENT

Explanation:

ADS IS PRODUCE BY CONTENT BECAUSE IF YOU DONT HAVE CONTENT YOU DONT HAVE ADS

define the word buffer in entrepreneurship ( business ) form .

Answers

Answer:

a means or device used as a cushion against the shock of fluctuations in business or financial activity

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