Question and answer
A prime reason for buying an annuity is to A. save money for college education. B. start a new business. C. accumulate funds to invest in stocks. D. give you retirement income for the rest of
your life. E. get rich quick.
A prime reason for buying an annuity is to (D.) give you retirement income for the rest of your life.
Get an answer
Original conversation
User: A prime reason for buying an annuity is to A. save money for college education. B. start a new business. C. accumulate funds to invest in stocks. D. give you retirement income for the rest of your life. E. get rich quick.

Weegy: A prime reason for buying an annuity is to (D.) give you retirement income for the rest of your life.
Expert answered|matahari|Points 1337|

User: The Capitalist Mutual Fund's portfolio is valued at $45 million. The fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. What is the fund's net asset value? A. $100 B. $26.25 C. $52.50 D. $3.75 E. $1

Weegy: The Capitalist Mutual Fund's portfolio is valued at $45 million. The fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. [ The fund's net asset value is (B.) $26.25 ]
Expert answered|matahari|Points 1337|

Question
Asked 6/19/2013 5:51:47 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The management fee for most mutual funds ranges between ____________ percent. A. 0.25 to 2 B. 2 to 3 C. 3 to 4 D. 5 to 6 1/2 E. 7 to 8 1/2
Weegy: The average management fee for all mutual funds is: 0.50 to [ 1.25%. [ ] User: When an investor purchases shares in a load fund, the average sales charge is usually ____________ percent. A. between 0.5 to 2 B. between 1 and 3 C. between 3 and 5 D. between 5 and 7 E. in excess of 8 1/2 (More)
Question
Expert Answered
Asked 6/19/2013 5:21:02 PM
0 Answers/Comments
Mary Cooper just purchased 100 shares in the All-American Fidelity Fund. The purchase cost for each share was $20. If this fund charges a 5 percent load, what is the total amount of commission she will pay the investment company?
Weegy: The total amount of commission she will pay the investment company is $1,000.00. User: Approximately ____________ percent of all mutual funds are closed-end funds. User: Which of the following statements is FALSE? A. An exchange-traded fund invests in the stocks contained in a stock index. B. With an exchange-traded fund, an investor can purchase as little as one share. C. The values of shares in an exchange-traded fund tend to ... (More)
Question
Expert Answered
Asked 6/19/2013 5:17:02 PM
0 Answers/Comments
When an investor purchases shares in a load fund, the average sales charge is usually ____________ percent. A. between 0.5 to 2 B. between 1 and 3 C. between 3 and 5 D. between 5 and 7 E. in excess of 8 1/2
Weegy: The answer is: C. between 3 and 5. User: A Trustee, in a legal trust arrangement, A. Distributes assets to your heirs according to the trustee's instructions B. Takes custody of your property C. Both A and B D. Neither A or B E. Answer A: but not B: Weegy: The answer is: A. Distributes assets to your heirs according to the trustee's instructions. User: Jo Bower owns 150 shares of Data General stock. She purchased the stock ... (More)
Question
Expert Answered
Asked 6/19/2013 5:30:17 PM
0 Answers/Comments
The decision to convert preferred stock to common stock is made by A. the board of directors. B. top management. C. the Federal Reserve System. D. the SEC. E. the stockholder.
Weegy: The decision to convert preferred stock is mde by: E. the stockholder. [ ] (More)
Question
Expert Answered
Asked 6/19/2013 5:36:23 PM
0 Answers/Comments
17,112,158 questions answered
Popular Conversations
What color is rain?
Weegy: The rain does not have a color it is water. If you notice water sometimes has a blue tint because it is a ...
8/22/2014 9:13:22 AM| 3 Answers
Deaths due to lifestyle diseases have declined since the early 1900s. ...
Weegy: Deaths due to lifestyle diseases have declined since the early 1900s. This is FALSE.
8/22/2014 11:58:34 AM| 3 Answers
A valid hypothesis must be testable.
Weegy: A valid hypothesis must be testable. True.
8/22/2014 8:28:55 AM| 2 Answers
The Nautilus is a submarine
Weegy: It is NOT true that the Nautilus is a submarine. User: Nautilus Weegy: We grow in ever-broadening paradigms ...
8/22/2014 8:43:56 AM| 2 Answers
The denouement of the novel is the action following the _____ of the ...
Weegy: The denouement of the novel is the action following the falling action of the novel and moving toward the ending ...
8/22/2014 8:56:11 AM| 2 Answers
Which word in the sentence is the direct object? We met her at the ...
Weegy: The direct object in the sentence "We met her at the county fair last night" is: night
8/22/2014 9:35:39 AM| 2 Answers
Simplify 5(R + 2) - 6.
8/22/2014 11:12:48 AM| 2 Answers
8)An injured person should only be moved if __________ a. The person ...
Weegy: An injured person should only be moved if the person is unconscious.
8/22/2014 12:36:58 PM| 2 Answers
Divide 6/13 by 6/12
Weegy: 12/13 is the answer. 6/13 divided by 6/12 = 12/13 User: What is the sum of 3/8 1/16?
8/22/2014 1:01:34 PM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
Points 1913 [Total 23513]| Ratings 2| Comments 1893| Invitations 0|Offline
S
L
1
L
Points 1512 [Total 5488]| Ratings 5| Comments 1462| Invitations 0|Online
S
L
C
P
C
1
L
L
Points 1439 [Total 15053]| Ratings 7| Comments 1369| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 1373 [Total 9080]| Ratings 2| Comments 1353| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 1218 [Total 16245]| Ratings 3| Comments 1188| Invitations 0|Online
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 840 [Total 18411]| Ratings 0| Comments 840| Invitations 0|Offline
S
1
L
L
Points 466 [Total 5030]| Ratings 0| Comments 466| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 418 [Total 11079]| Ratings 1| Comments 408| Invitations 0|Offline
S
Points 311 [Total 311]| Ratings 1| Comments 281| Invitations 2|Offline
S
Points 217 [Total 228]| Ratings 3| Comments 157| Invitations 3|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.