You have Rs. 1,000 to invest. You have 2 choices; first is the savings account A,which earns 8.75 percent compounded annually and second is the savings account B, which earns 8.50 percent compounded monthly. Which account should you choose and why? a)Account A; because it has a higher effective annual rate b)Account B; because it has a higher effective annual rate c)Account A; because it has the higher quoted rate d)Account B; because the quoted rate is higher
d)Account B; because the quoted rate is higher
f
Question
Updated 228 days ago|7/17/2023 1:11:13 AM
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You have Rs. 1,000 to invest. You have 2 choices; first is the savings account A,which earns 8.75 percent compounded annually and second is the savings account B, which earns 8.50 percent compounded monthly. Account B; because it has a higher effective annual rate.

Added 228 days ago|7/17/2023 1:11:13 AM

Questions asked by the same visitor
If the book value exceeds the market value, then the difference is treated as a_________ for tax purposes. a)Profit b)Loss c)Surplus (d)None of the given options
Weegy: b (More)
Question
Updated 123 days ago|10/30/2023 12:20:10 AM
If the book value exceeds the market value, then the difference is treated as a SURPLUS for tax purposes.
Added 123 days ago|10/30/2023 12:20:07 AM
Miss Nadia purchased a car for Rs. 500,000. Based on historical averages, this car is worth 30% of the purchase price now and it is being sold at this price. What is the car s market value ? Rs. 51,875 Rs. 112,500 Rs. 150,000 Rs. 350,000
Question
Updated 2/18/2014 10:24:06 PM
Let x= value of the car now
Purchase priced of the car = 500,000

Solution:
x=30% (500,000)
x=150,000

The car's market calue is Rs. 150,000.
Which of the following is the overall return the firm must earn on its existing assets to maintain the value of the stock ? (a)WACC (Weighted Average Cost of Capital) (b)AAR (Average Accounting Return) (c)IRR (Internal Rate of Return) (d)MIRR (Modified Internal Rate of Return)
Weegy: a)WACC (Weighted Average Cost of Capital User: Mr. A, as a financial consultant, has prepared a feasibility report of a project for XYZ Company that the company is planning to undertake. He has suggested that the project is feasible. The consultancy fee paid to Mr. A will be considered as: (a)Sunk cost (b)Opportunity cost (c)Both sunk cost and opportunity cost (d)Neither sunk cost nor opportunity cost (More)
Question
Updated 245 days ago|6/30/2023 1:34:08 AM
Mr. A, as a financial consultant, has prepared a feasibility report of a project for XYZ Company that the company is planning to undertake. He has suggested that the project is feasible. The consultancy fee paid to Mr. A will be considered as: Sunk cost.
Added 245 days ago|6/30/2023 1:34:08 AM
2+2+3+2+2+2+2+2+2+2+2+2+2+2+2+2+2+2+32=
Weegy: very funny User: 2+2+2+2+2= (More)
Question
Updated 5/8/2014 5:45:24 AM
2+2+3+2+2+2+2+2+2+2+2+2+2+2+2+2+2+2+32 is 69.
2+2+2+2+2 is 10.
38,921,945
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