Advise the Sampsons on money market investments they should consider to provide them with adequate liquidity.
Answer to relevant QuestionsUnder what conditions might a consumer find each type useful? What are the advantages and disadvantages of using credit? How does the interest rate affect your credit payments? What is meant by simple interest? What is the annual percentage rate (APR), and when is it used? What information will you need to supply when applying for credit? What kinds of attributes are creditors looking for? Do you need to have all these attributes to get credit? You just borrowed $ 7,500 and are charged a simple interest rate of 8%. How much interest do you pay each year?
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