Business 123 Introduction to InvestmentsMay I please have the solution for the following writing exercise?Thank you A new employee is in her mid-20's. She is quiet and a bit shy but very friendly and extremely competent at her job.She tells you that she knows nothing about investments and is terrified of losing money. She intends to put 100%of her contributions into the money market fund because someone told her that is the only way she can guaranteethat she will not lose all her money. She asks for your advice. What advice would you give her? (3 points – Don't

ReferencesBodie, Z., Kane, A., & Marcus, A. J. (2021). Investments. McGraw-Hill…

Answered: A new employee is in her mid-20's. She…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Assume the role of a financial advisor. You have 3 new clients. Each of them came to you with $100,000 to invest. You suggest to each other them to put the money into mutual funds. What mutual funds do you suggest for each client and why. Support your recommendations. Jose - 29 Years of Age. Working. Makes $250,000 a year. Married. No kids. No immediate need for cash. Investing Risk Tolerance = High. Cynthia - 49. Single. 3 kids. Working. Makes a modest annual income. Ages 13, 15, 17. All kids plan to attend college. Plans to use some of this money to help pay for college tuition. Investing Risk Tolerance = Moderate. Jackie - 80. Retired. Receives a modest retirement income. Needs money to help pay monthly expenses. She is healthy. She also has three older siblings in their 90's. Investing Risk Tolerance Low.
7. Please help if anyone is there? Im confused - I’m really thankful that you guys help me a lot. Thank you. I will give you a rating after the answer is answered 7.
Imagine that you have worked every summer for the last four years in order to save money to buy a car. You have $23,000 deposited in a savings account at your local bank. One day, you turn on the news and discover that the stock market is crashing and people are rushing to banks to withdraw all of their money. Your best course of action is to:
Assume you wrote up a proposal requesting $5000 for charity. The money would be used to buy food that volunteers (employees from the company) would distribute to the homeless on Saturday. The proposal is approved and you receive the money. However, the CEO comes to you and asks, "What will be the return on the investment?" How would you reply?
With the given details about the problem, who will you lend your money to? and why? (P.S Find who should be lent money, that would benefit us)
Answer the situation. Compute for interest. Show your Complete Solution. I already provided the answer I just need the Solution and explanation. Answer: Bank A because it will yield less interest than bank B.
Consider the case of Lola Clara. When she was 24 years old, her Papa gave her PHP50,000. She was very happy and was immediately planning on spending the money. However, before she could spend the money, her Mama taught her the importance of saving. Not wanting to disappoint her Mama, she invested her money in a bank time deposit with an interest rate of 5% at that time. Lola Clara became a very successful career woman, but she somehow forgot that she placed PHP50,000 in the bank. She suddenly remembered and was shocked at what had happened to her money after 50 years. It is now valued at P573,369.99 What do you think happens to money through time if you A. Keep it at home B. Save it in the bank C. Invest it (Answer all these three on your essay) Do you think the story of Lola Clara is something that is possible to happen in real life? Why or why not? If you were Lola Clara, what would you do with your P50,000? Would you spend, save or invest it? Why?
I've got a quick question for you: I was contacted by a recruiter to take a Director position at a competitor, which will be a big step up for me in money and responsibility. It just seems like the right step. The starting salary is $90K. My question is will I still be able to make a deductible IRA contribution to my IRA with you? And regardless, can I even make one at all? You know I hate paying taxes.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
W3.Part 2 – You have $10,000 to invest. Your Grandmother, who doesn’t trust banks, has advised you to put the money under your mattress to save for the future. Conversely, your Mother suggests you open a savings account at a bank. In your town, the banks are currently offering 3% interest. One bank (Bank A) compounds the interests each quarter (March 31, June 30, September 30, and December 31). The other bank (Bank B) compounds the interest on an annual basis (December 31). Assuming you would save your money for the next 10 years, what would your balance be in Bank A and in Bank B? Please describe your calculations within your response.
(Question #4) Donald Draper has no money after getting canned (fired) from his job as an advertising agent. He wants to have $5,000,000 in 30 years. How much would he need to steal and invest today assuming he can rob a bank and earn 10% compound annually. He will not add additional payments. He wants to know the lump sum needed to invest today.
Marisa Gale, a 30-year-old personal loan officer at Second National Bank, understands the importance of starting early when it comes to saving for retirement. She has designated $2,500 per year for her retirement fund and assumes she'll retire at age 65. QUESTION. NO 1.How much will she have if she invests in CDs and similar money market instruments that earn 4 percent on average? Round your answer to the nearest dollar. NO 2.How much will she have if instead she invests in equities and earns 8 percent on average? Round your answer to the nearest dollar. NO 3. Marisa is urging her friend, Nolan Ransom, to start his plan right away because he's 35. What would his nest egg amount to if he invested in the same manner as Marisa and he, too, retires at age 65? Round your answer to the nearest dollar. Nest egg amount at 4% = Nest egg amount at 8% =

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