Your great aunt Mary passed away and left you and inheritance of $5,000.00. Since you don't have a need for the money in the near future, which of the following would be the best place to put the $5,000.00?
A. a savings account earning 1% interest
B. a checking account
C. high risk stock in a producer of natural gas that is predicted to triple in the next year
D. a five-year CD paying 4.38% annually
Answer: D. a five-year CD paying 4.38% annually
Business
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Which of the following is considered to be the bedrock of economic globalization?
A. Monopoly B. Foreign direct investment C. Oligopoly D. Trade liberalization
Business
Refer to the following bank reconciliation:
Bank Book Balance, June 30, 2017 $11,240 Balance, June 30, 2017 $10,200 Add: Add: Deposit in transit 3,110 Note collected by bank 2,100 Interest revenue 55 Less: Less: Outstanding checks #506 1,20 What will be an ideal response
Business