Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain. My financial advisor showed me that I could reach my retirement goal with deposits of $213 per month and an average return of 4 %. But I don't want to deposit that much of my paycheck, so I'm going to reach the same goal by getting an average annual return of 9 % instead.Choose the correct answer below. A.This does not make sense because you cannot choose your own annual rate of return. B.This makes sense because 9 % of $213 is greater than 4 % of $213. C.This does not make sense because $213 is not a lot of money to earn interest off of. D.This makes sense because an average annual return of 9 % is greater than 4%.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain.
My financial advisor showed me that I could reach my retirement goal with deposits of $213 per month and an average return of 4 %. But I don't want to deposit that much of my paycheck, so I'm going to reach the same goal by getting an average annual return of 9 % instead.
Choose the correct answer below.
A.
This does not make sense because you cannot choose your own annual rate of return.
B.
This makes sense because 9 % of $213 is greater than 4 % of $213.
C.
This does not make sense because $213 is not a lot of money to earn interest off of.
D.
This makes sense because an average annual return of 9 % is greater than 4%.
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