Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Unit 8 Discussion_16...
I learned so much about health assessment through this course, I was able to successfully formulate health assessment throughout the lifespan. I have developed skill I role assessment as a starting po...

Unit 8 Discussion
Unit 8 Discussion

I learned so much about health assessment through

Quiz 1_1647418085.pd...
1.market-oriented economy 2.division of labor 3.goods and services market 4.interest rates 5.microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the...

Quiz 1
Quiz 1

1.market-oriented economy 2.division of labor 3.go

CTEL 1010 Test 3_164...
Southwest Airlines definitely consider ‘Love’ as a verb as they regarded it as an act of will. Specifically in case of Southwest, Love is what the employees choose spontaneously to help others. So, he...

Test 3
Test 3

Southwest Airlines definitely consider ‘Love’

Unit 3 Challenges 2

Unit 3 Challenges 2

Q 1. Which of the following investments would be the most productive choice for Rohan, who has high risk tolerance and wants high returns? 2. Louis pays $1,000 a month on his mortgage, $500 for car loans, and $1,500 in rent. His living expenses amount to another $1,500. He has monetary assets of $9,000. The formula for emergency fund ratio is as follows: Emergency Fund Ratio = Monetary Assets / Monthly Living Expenses. For how long will Louis's emergency fund last? 3. Which of the following financial actions demonstrates that James is using productivity skills to plan for the future? 4. Blanca opens a Roth IRA to be used as an emergency fund. Which of the following will be true for Blanca?

View Related Questions

Solution Preview

View Complete Solution
1. Speculative stocks and commodities are high-risk investments that also offer high returns. These types of investments are not very liquid. 2. The emergency fund ratio can be calculated using the following formula: Emergency Fund Ratio = Monetary Assets / Monthly Living Expenses. Louis's emergency fund will last 9,000 / 4,500 = 2 months.