securities exchanges create efficient markets that do all of the following except

Answers

Answer 1

Securities exchanges create efficient markets that do all of the following except they do not guarantee the elimination of all investment risks.

Securities exchanges are centralized platforms that facilitate the trading of financial instruments, such as stocks, bonds, and derivatives. They play a critical role in creating efficient markets, contributing to economic growth and investor confidence. However, there are certain aspects that securities exchanges do not address.

Firstly, securities exchanges ensure liquidity by providing a transparent marketplace where buyers and sellers can transact seamlessly. This helps reduce transaction costs and improves price discovery, enabling market participants to trade at fair market value.

Secondly, securities exchanges facilitate risk management by offering diversified investment opportunities. Investors can access a wide range of instruments, spreading their risk across different sectors and asset classes, thus mitigating the impact of a single investment's underperformance.

Thirdly, securities exchanges provide a regulated environment for trading, with strict rules and guidelines in place to protect market participants. These regulations ensure market integrity, reduce the risk of market manipulation, and promote fair competition among investors.

However, securities exchanges do not guarantee the elimination of all investment risks. Market volatility, economic conditions, and company-specific factors can still impact the value of financial instruments traded on the exchange. While securities exchanges help mitigate certain risks and promote efficient markets, they do not entirely shield investors from potential losses or poor investment decisions. Ultimately, individual investors bear the responsibility of assessing and managing their own risk exposure in the market.

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Related Questions

The Federal Reserve Act of 1913 required all ________ banks to become members of the Federal Reserve System, while ________ banks could choose to become members of the system.a. state; nationalb. national; municipalc. national; stated. state; municipal

Answers

Answer:

c. national; state

Explanation:

The Federal Reserve Act of 1913 required that banks that operated nationally had to join the Federal Reserve System. It was mandatory, and national banks had to do it.

It also allowed banks that operated on a state level to join the Federal Reserve System, but that was optional, it was not mandatory.

A food processor uses approximately 27,000 jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is $0.18 per jar, and reordering cost is $60 per order. The company operates an average of 20 days per montha. What penalty is the company incurring by its present order size?


b. The manager would prefer ordering 10 times each month but would have to justify any change in order size. One possibility is to simplify order processing to reduce the ordering cost. What ordering cost would enable the manager to justify ordering every other day?


c. Suppose that after investigating ordering cost, the manager is able to reduce it to $50. How else could the manager justify using an order size that would be consistent with ordering every other day?.

Answers

Answer:

what's the question name

Explanation:

you can't just out abc i need to have need to see the question

PLEASE HELP!
There are 2 types of sales approaches used in the sales process. These are: soft approach and hard approach. Explain both with examples for each.

Answers

Answer:

Soft Sell-Many customers appreciate the soft sell approach when they just need some guidance in deciding on a selection. The seller can use gentle persuasion or suggestion to convince the buyer. Soft sell techniques include pointing out that many of the items were sold last week, recommending a certain model that costs less or saying that you recently bought the same product and are happy with it. No pressure is used. You state facts and allow the buyer to decide.

Hard Sell-High-pressure tactics often are not well-received by customers. However, the intimidation in the hard sell might cause some people to buy a product they don’t really want or need. Hard sellers try to make customers feel they must buy the product or service right now. The salesman claims that the product might be gone tomorrow or the that customer has no need to wait because the seller guarantees satisfaction. The seller tries to make the decision for the customer in a hard sell. “You can afford it” or “If you don’t buy it now, it won’t be here later,” the salesperson might say. Many customers are aware of the hard sell and walk away immediately. The soft sell approach usually results in more sales, but the hard sell works sometimes.

NOT MINE FROM THE INTERNET.

what is cultural value in consumer behavior in your own
words?

Answers

Cultural value in consumer behavior is a concept that refers to the beliefs, customs, and practices that influence a person's purchasing decisions.

It is the cultural norms that a person follows when making choices about what to buy and how to use it, which can be shaped by family, friends, religion, nationality, and other factors. These values may include things like individualism versus collectivism, materialism versus simplicity, and risk-taking versus caution.

Understanding cultural values is important for businesses because it allows them to tailor their products and marketing strategies to appeal to specific groups of consumers. By recognizing the cultural values that are important to their customers, businesses can create products and advertising campaigns that resonate with those values and ultimately increase sales.

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Which describes a situation of scarcity?

Answers

Answer:

Scarce natural resources make it more difficult for producers to keep up with demand.

Explanation:

pa brainlest na din po

Answer:

"Scarce natural resources make it more difficult for producers to keep up with demand"

ABSOLUTE SCARCITY EXAMPLES INCLUDE: ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity. A day has an absolute scarcity of time, as you cannot add more than 24 hours to its supply. Those without access to clean water experience a scarcity of water

Barry is a lawyer. He owns 10 apartment buildings that are managed by his brother’s real estate business. At the end of the year, the apartment buildings resulted in a $40,000 loss. Barry earned $80,000 in wages. His wife, Claire, earned $20,000 from her part-time job. Their other income included $5,000 in dividends from their mutual funds. They had no other income. How much of the rental loss can Barry use assuming Barry actively participates in the apartment buildings?

Answers

Answer:

$22,500

Explanation:

Note, the applicable tax law in this case states permits an individual who engages in a rental real estate to use up to $25,000 of net losses from the rental real estate activity to offset other their other income.

Since a rental activity is classified as a passive activity, whether or not the taxpayer participates in such activity, the $25,000 rental loss is reduced by 50% of the amount in the case where  Annual Gross Income (AGI) exceeds $100,000. Consequently, since Barry's AGI is  $105,000 ($80,000 + $20,000 + $5,000), which is greater than $100,000, only the amount exceed $100,000 would be reduced by 50%, which is calculated below:

$105,000 – $100,000 × 50% = $2,500, next subtract amount from Barry's $25,000 ($25000-$2,500) = $22,500.

Which of the following would most appropriately be categorized as a tech etiquette skill?

Answers

Answ1. Knowing how to appropriately use emoticons in text-based communication

2. Knowing how to use basic features of popular social media platforms

3. Knowing how to effectively manage online interactions

3. Knowing how to effectively manage online interactions

Explanation:

If Leland changed its price from $11 to $9, how would the company’s marginal revenue have changed?

Answers

If the price drops from $11 to $9 demand will become high because the smaller the cost the more the demand.

Theory of Demand and Supply

The relationship between demand and supply is such that the higher the price the lower the demand and vice versa.

It should be noted also that the market forces are greatly influenced by demand and supply.

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at what point should you be ready to sell a stock? when it triggers your stop orders if it is not underperforming, but it is not performing its original role in your portfolio when other stocks in the same sector are seriously out-performing it all of the above

Answers

Point when you should be ready to sell a stock is all of the above options.

A stop order is one amongst the 2 main order sorts you may encounter within the market: stop and limit. The key for the purchase order is that it's perpetually dead within the direction that the value is moving. as an example, if the market is moving lower, the purchase order are to sell at a pre-set worth below the present market value

Out-performing stock means the corporate can turn out a far better rate of come back than similar corporations, however the stock might not be the simplest entertainer within the index. An analyst's performance is evaluated supported however stocks really perform once a rating is assigned.

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PLEASE

I recently got a new phone and now it won't give me notifications for reminders. I've tried everything and I'm screwed. What are some ideas for rembering stuff throughout the day? For instance, I need to talk to my bio teacher tomorrow about an assignment but I'll forget since I don't have reminders. What are some methods that work other than shoving a post-it down my pocket?​

Answers

Answer:

you can make an agend or put noted on your fridge

Explanation:

Eddie sells furniture and earns 12% commission. This week he sold a couch for $1234, a bedroom suite for $1789, and a chair for $563. (4 pts.)

Answers

Complete question :

Eddie sells furniture and earns 12% commission. This week he sold a couch for $1234, a bedroom suite for $1789, and a chair for $563. Calculate Eddie's commission.

Answer:

$717.20

Explanation:

Given that :

Percentage commission earned on sale = 12%

Cost of items sold this week:

Couch = $1234

Bedroom suite = $1789

Chair = $563

Total cost of items :

($1234 + $1789 + $563) = $3586

Commission of 20% on sales :

20% of $3586

0.2 * $3586

= $717.20

If at the end of a period, a company has $400 in cash, $100 in accounts
receivable, and $100 in accounts payable, the post-closing trial balance will
show _____worth of debits.
A. $200
O B. $400
O C. $600
O D. $500

Answers

Option D

The post closing balance will show $500 worth of debits.

This is because if a company has $400 in cash, that is considered an asset for the company. Cash is an asset for the business.

Accounts receivable is an asset as well because it is the amount that debtors owes the business. It’s the amount that debtors should give to us the business.

What best describes the kinds of companies in which a socially responsible
investor would invest his or her money?
O A. Companies that rely on nonmonetary calculations when doing
cost-benefit analysis
B. Companies with a business model and social mission that the
investor supports
O C. Companies that put profit-maximization above all other
considerations
O D. Companies that work toward decreasing marginal utility for a
society

Answers

Answer: Companies with a business model and social mission that the

investor supports

Everton Ltd manufactures two types of footballs: standard and
custom. The company’s management accountant uses a factory-wide
overhead application rate based on direct labour costs. The chief
execut

Answers

Everton Ltd, a football manufacturing company, has two different types of footballs in production: standard and custom. The overhead rate is applied on the factory's direct labour costs. A chief executive is curious about the costs of both products and how they compare.

The chief executive can perform this comparison using a profit-volume chart, which outlines the estimated profits and costs of both products and identifies the break-even point at which the company's sales cover its costs and become profitable.

The chief executive may also calculate the contribution margin of both goods, which is the amount by which each product's sales price exceeds its variable costs. This calculation can assist the executive in determining which product generates the most profit per unit sold.

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Information related to Harwick Co. is presented below.

A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.

B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.

1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4

Answers

Answer:

A.

April 5

Dr Merchandise inventory $23,000

Cr Accounts payable $23,000

April 6

Dr Merchandise inventory $900

Cr Cash $900

April 7

Dr Equipment $26,000

Cr Accounts payable $26,000

April 8

Dr Accounts payable $3,000

Cr Merchandise inventory $3,000

April 15

Dr Accounts payable $20,000

Cr Cash $19,600

Cr Merchandise inventory $400

B. Dr Accounts payable $20,000

Cr Cash $20,000

Explanation:

A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.

April 5

Dr Merchandise inventory $23,000

Cr Accounts payable $23,000

April 6

Dr Merchandise inventory $900

Cr Cash $900

April 7

Dr Equipment $26,000

Cr Accounts payable $26,000

April 8

Dr Accounts payable $3,000

Cr Merchandise inventory $3,000

April 15

Dr Accounts payable $20,000

($23,000-$3,000)

Cr Cash $19,600

[$20,000*(100%-2%)]

Cr Merchandise inventory $400

($20,000-$19,600)

B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.

May 4

Dr Accounts payable $20,000

Cr Cash $20,000

($23,000-$3,000)

We have this project in my business class, we have to come up with a store/business. I choose a candy store but I can’t think of any fine names. Can someone help me come with a name please?

Answers

Answer:

Candy Crush

Explanation:

Its catchy

Answer:

The Sweete Shoppe

The Lolly Pop

50 Shades of Candy

Explanation:

Do prices INCREASE during a PEAK in the Business Cycle?

Answers

the second stage of the business cycle of the maximum limit of growth is attained is a economic indicators do not grow further and are at their highest. Prices are at their peak

your law firm has just been named co-counsel in a large lawsuit, and you have been given the task of condensing the original 500-page complaint into a shorter report for your partners to read. which kind of report would you write?

Answers

An executive summary report would help your partners to quickly understand the essential elements of the case and make informed decisions based on the information presented.

An executive summary report is a condensed version of a longer report that provides a summary of the most important information and findings. It is typically used in situations where a decision maker or stakeholder needs to quickly understand the main points of a larger report without reading the entire document.

In the case of a large lawsuit, an executive summary report would provide a brief overview of the 500-page complaint, highlighting the key arguments and evidence presented in the original document. The report would also provide an analysis of the strengths and weaknesses of the case, and a recommendation on whether or not to proceed with the lawsuit.

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now you must make a recommendation to yellow for an investment strategy to pursue for the shipshape product. after reviewing your research, your team agrees that a market penetration strategy would be best for the shipshape. given the strategy your team has chosen, which of the following should you recommend to yellow? select an option from the choices below and click submit. add mp3 capabilities so users can listen to music from their shipshape. call it the shipshape2. develop a new product that features a dehydration detection system. serious athletes would be interested in this new item. start selling the shipshape using an online direct-from-manufacturer channel. launch an ad campaign for the shipshape that shows baby boomers using the product to monitor weight loss activities.

Answers

I strongly recommend that Yellow should pursue a market penetration strategy by selling the Ship Shape product through an online direct-from-manufacturer channel and launching an ad campaign that targets baby boomers who are interested in weight loss activities.

Dear,
After conducting thorough research, my team and I agree that a market penetration strategy would be the best approach for the Ship Shape product. With that being said, I recommend that Yellow should start selling the ShipShape using an online direct-from-manufacturer channel. This strategy will allow Yellow to reach a larger audience and reduce the costs of distribution.
By selling directly from the manufacturer, Yellow can offer competitive prices, and consumers will have a better understanding of the product's features and benefits. This will increase sales and help the product gain market share. In addition, Yellow can utilize social media platforms and other online channels to promote the ShipShape product to the target audience.
Furthermore, I suggest that Yellow should also launch an ad campaign for the ShipShape that shows baby boomers using the product to monitor weight loss activities. This will help to create a sense of brand awareness and appeal to the target audience. The ad campaign should highlight the features and benefits of the product and demonstrate how it can help users achieve their weight loss goals.
In conclusion, I strongly recommend that Yellow should pursue a market penetration strategy by selling the ShipShape product through an online direct-from-manufacturer channel and launching an ad campaign that targets baby boomers who are interested in weight loss activities. This approach will help the company to achieve its objectives and enhance its position in the market.
I hope this answer helps you. If you have any further questions, please do not hesitate to ask.
Best regards,
Ginny

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Write a program named find_stats. py. accept ints from user until the user enters a 0. then calculate mean, median and standard deviations of all entered values. display stats

Answers

The program described above which calculates mean, median and standard deviations of all entered values is given below.

What is a program?

A program is a set of instructions that ensure that a predetermined or specific output is given by a computer.

The program labelled find_stas.py is given as follows:

# importing required libraries

import math

# creating a empty list named li

li = []

# iterate till while is true

while True:

#   getting user input making it int and store it in inp

   inp = int(input("Enter integer (0 to stop): "))

   # checks if inp is equals to 0

   if inp == 0:

       # stop the loop

       break

   # append inp in li

   li.append(inp)

n = len(li)

# calculating sum li using sum function  then dividing by n and store it in mean

mean = sum(li) / n

# dividing n by 2 and store it in indexes

index = n // 2

# if n modulus n equals 2

if n % 2:

   # sort the li and store the index position in median

   median = sorted(li)[index]

# otherwise

else:

   # store the result in media

   median = sum(sorted(li)[index - 1:index + 1]) / 2

# declaring d variable with value 0

d = 0

# calculating variance and store it in variance

variance = sum((x - mean) ** 2 for x in li) / (n - d)

# standard deviation

sd = math.sqrt(variance)

# display the output with the value of mean, median and sd

print("Mean : {}\nStandard Deviation : {}\nMedian : {}".format(mean, median, sd))

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The indirect approach to organizing negative messages opens with the reasons behind the bad news before presenting the bad news itself.

question 8 options:
true
false

Answers

It is a true statement that an indirect approach to organizing negative messages opens with the reasons behind the bad news before presenting the bad news itself.

What is an negative messages?

This refers to a kind of letter, memo, news that conveys negative information which will likely to disappoint, upset or anger the reader, listener etc

However, the indirect approach of organizing these negative messages opens with the reasons behind the bad news before presenting the bad news itself.

Therefore, it is a true statement.

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How can you use these questions to help you better develop your own leadership skills? Explain

Answers

by setting long term goals!??

Answer:

I can use these questions to help me better develop my own leadership skills by setting long-term goals. I think goals could really help in the future and if we complete them, that is even better. By setting long-term goals, you can prepare and plan for the future.

Explanation:

Hope this helps.

total assets of $7,800, fixed assets of $7,100, current liabilities of $1,500, and long-term liabilities of $4,600. what is the total debt ratio?

Answers

The total debt ratio is calculated by dividing the total debt of a company by its total assets. Total debt includes both current liabilities and long-term liabilities.

Total Debt = Current Liabilities + Long-Term Liabilities Total Debt = $1,500 + $4,600 Total Debt = $6,100 Total Debt Ratio = Total Debt / Total Assets Total Debt Ratio = $6,100 / $7,800 Total Debt Ratio ≈ 0.7821 or 78.21% Therefore, the total debt ratio for the given information is approximately 78.21%.

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according to sir bryan carsberg, former iasc secretary-general, what is the most significant cost of accounting diversity?

Answers

According to sir Bryan carsberg, former iasc secretary-general, what is the most significant cost of accounting diversity It may limit the effectiveness of the international capital markets.

Who was sir Bryan carsberg?

A qualified chartered accountant, Sir Bryan began his career in public office over 20 years ago after holding posts of academic distinction, including Professor of Accounting at both the University of Manchester and the London School of Economics. For more than 40 years, Sir Bryan has made a wide-ranging and far-reaching contribution to learning, the professions and public affairs. His career has been distinguished by his strenuous endeavours to ensure that consumer interests are at the heart of all policy-making and reforms.

He has made a considerable contribution to the instigation of change within the Royal Institution of Chartered Surveyors (RICS). Most recently he undertook an extensive review of the residential property market. His final report called for the establishment of a regulatory body to oversee estate and letting agents and recommended that the government's controversial 'Home Information Packs' should no longer be compulsory because they have failed to improve the home-buying process.

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According to sir Bryan Carsberg, former IASC secretary-general, what is the most significant cost of accounting diversity.

It may limit the effectiveness of the international capital markets.

Who was sir Bryan Carsberg?

A qualified Chartered Accountant, Sir Brian began his career in public service more than 20 years ago after completing degrees including Professor of Accounting from the University of Manchester and the London School of Economics. Over the course of over 40 years, Sir Brian has made a broad and far-reaching contribution to learning, the profession and public relations. His career has been marked by a tireless effort to ensure that consumer interests are at the center of all policy decisions and reforms.

He has been instrumental in making changes within the Royal Institute of Chartered Surveyors (RICS). Most recently, he created a comprehensive inventory of the residential real estate market. Its final report called for the establishment of a regulator to oversee real estate and renters, and recommended that the government's controversial "housing information pack" should no longer be mandated due to its failure to improve the home buying process.

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Which is a short term consequence of making a late payment on your bill

Answers

Answer:

There will be a late fee added to the bill.

Answer:

just if you don't think the person on top of me is right he is I did the quiz and got a 100%

Explanation:

If a stock you buy is $50 per share and pays $2 per year in total dividends;
what is the dividend yield of the stock?*

Answers

Answer:

4%

Explanation:

Dividend yield shows the dividends paid out annually as a percentage of the share market price.

The formula for calculating dividend yield is the annual dividend per share/market value per share.

Dividend yield = dividend/ market share price x 100

Dividend yield = 2/50 x 100

Dividend yield = 0.04 x 100

Dividend yield = 4%

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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common lit capataliasmn-Which phrase best describes the relarionship between workers and bussiness owners in capatalists cociety

Answers

Answer:

In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.

Explanation:

what is the income flow associated with labour?

Answers

Answer:

Explanation:

Factor income is the flow of income that is derived from the factors of production ,the general inputs required to produce goods and services. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.

Debra agreed to work for Lupe for two years. At the end of two months, Debra went to Lupe asked to be released from her contract. Lupe agreed. Was the contract discharge? What could happen if Lupe didn't agree to release Debra?

Answers

Yes, the contract was discharged from Lupe as he released Debra after two months instead of two years to which Debra agreed to work for.

What could happen if Lupe didn't agree to release Debra?

- If Lupe didn't agree to release Debra, then Debra would have to file a lawsuit against Lupe.

That will be the case, assuming Debra follows the terms of the contract Lupe proposed, which requires advance notification.

If, As Debra violated the terms of the agreement, Lupe will be subject to the full penalty specified in the contract.

Contracts in law?

All legal agreements and contracts must be created, enforced, and ultimately enacted in accordance with contract law.

Contract law is something that everyone who transacts business with does at some point or another. Contracts are a common tool used by both businesses and customers.

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Under the law, what 4 expectations must the school system seek to fulfill for special education students a preoperative client is discussing blood donation with the nurse. which statement by the client indicates to the nurse the need for further teaching? You can warm ___ the leftovers in the microwave i need to find the volume pls help me ILL GIVE BRAINLIESTTTT PLEASE HELP ILL GIVE BRAINLIESTTTT Help me I do not understand pleaze some one help me :( Determine the energy released when an electrons transitions from n =3 to n = 2at of 1Select one:O a. 3.03 x 10-15 JquestionO b. 4.57 x 1014O C. 4.57 x 10-15 JO d. 3.03 x 10-14O e. none of the aboveNext page a student measures the mass of a compound to be 9.01 g and its volume to be 11.0 ml. what is the density in g/ml? a soccer game started at 2:15p.m. and ended at 3:35p.m. how long did the game last (3) The table shows some values of the linearfunction f(n). Find the linear equation of f(n)n f(n)6-14 22 5 suppose a concrete mix has the following mix constituents. What is the mass of fine aggregate required for the mix (lb/yd3)?The bulk dry specific gravity, Gsb, of the fine aggregate is 2.75.Air Content: 5%Coarse Aggregate: 1300 lb/yd3 , Gsb = 2.65Cement: 600 lb/yd3, Gs = 3.15 Water = 300 lb/yd3 PLS HELP!!!Write a paragraph that explains how officials in Mexico and the United States are working on solutions to each of the problems you described in part A.Part A:Mexico and America both rely heavily on the Colorado River. It serves as a source of water and energy for people in the United States and Mexico. The river, however, has become a victim of the drought. As a result, the United States and Mexico have worked up to raise the Colorado River's water levels. They plan to do so by providing funds to a few water agencies and temporarily diverting water from Lake Mead The _________ shows how the capital is structured in the business, including the value of assets and the amount the firm owes at a specific point in time.balance sheet Dear Financial Adviser, My spouse and I are each 62 and hope to retire in three years. After retirement we will receive $8,200 per month after taxes from our employers pension plans and $2,200 per month after taxes from Social Security. Unfortunately our monthly living expenses are $15,700. Our social obligations preclude further economies. We have $1,070,000 invested in a high-grade, tax-free municipal-bond mutual fund. The return on the fund is 3.0% per year. We plan to make annual withdrawals from the mutual fund to cover the difference between our pension and Social Security income and our living expenses. How many years before we run out of money? Sincerely, Luxury Challenged Marblehead, MA You can assume that the withdrawals (one per year) will sit in a checking account (no interest) until spent. The couple will use the account to cover the monthly shortfalls. How many years before Luxury Challenged runs out of money? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer in Number of years Question 2: Kangaroo Autos is offering free credit on a new $15,000 car. You pay $300 down and then $490 a month for the next 30 months. Turtle Motors next door does not offer free credit but will give you $1,140 off the list price. a. If the rate of interest is 0.83% a month, calculate the present value of the payments to Kangaroo Autos. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Which company is offering the better deal? multiple choice Turtle Motors Kangaroo Autos iceland is a good example of an island arc, formed from an oceanic-oceanic plate collision. true false Does anyone know either of these? The historic common law principle that enables employers to hire or fire employees without prior notice or cause is known as Review Questions1. Explain the difference between authentication and authorization. Find p(-1) and p(5) for the function p(x)= 9x to the 4th power+9x to the third power- 11x to the 2nd power+12x+5