Two questions that every supervisor should ask each day are
a. What can you contribute? and How can I help you?
b. What are your goals? and Do you like your job?
c. Are you happy? and What can I do to help?
d. How do you feel? and What do you need?
d
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You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to deposit today in one lump sum to achieve this goal if you can earn a guaranteed 4.5% rate of return?
a. 1,678,342 b. 1,800,000 c. 2,413,435 d. 1,620,975 e. 2,222,222
Money market transactions
A) do not take place in any one particular location or building. B) are usually arranged purchases and sales between participants over the phone by traders and completed electronically. C) are both A and B of the above. D) are none the the above.