subject
Business, 21.02.2020 00:04 saggin2454

Jack has $1,000 that he wishes to invest for the next two years. One-year CDs are currently paying 8% while two-year CDs are paying 12% per annum. Economists are predicting that interest rates will rise by the end of the year. What is the minimum amount interest rates would have to increase to in order for the one-year CD to be better than the two-year CD?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 19:30, ThunderThighsM8
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
Answers: 2
image
Business, 22.06.2019 19:00, sharri44
Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.
Answers: 2
image
Business, 22.06.2019 21:40, Abdul111
Penny poodle wanted to know which dog obedience training program was more effective: puppy pride, the approach she has been using for any years, or doggie do-right, a new approach. penny convinced 50 human companions of untrained dogs to participate in her study. the dogs and their humans were randomly assigned to complete the puppy pride or doggie do-right course. at the end of the training programs, all of the dogs were scored on their level of obedience on a standardized dog obedience checklist (scores could range from 10 to 100). the design of this study is:
Answers: 2
image
Business, 23.06.2019 01:50, davidb1113
Which term best describes the statement given below? if p = q and q = r, then p = r
Answers: 1
You know the right answer?
Jack has $1,000 that he wishes to invest for the next two years. One-year CDs are currently paying 8...

Questions in other subjects:

Konu
English, 30.03.2020 19:01
Konu
Mathematics, 30.03.2020 19:01