What two factors affect the return on short- term investments? What investments should you consider to achieve liquidity and an adequate return?
Answer to relevant QuestionsWhy do individuals use checking accounts? What is the disadvantage of having funds in a checking account? Explain over-draft protection and stop payment orders. Are all bank fee structures the same? Thomas can invest $ 10,000 by purchasing a 1- year T- bill for $ 9,275, or he can place the $ 10,000 in a 12- month CD paying 8%. Which investment will provide a higher return? In addition to return, what else should Thomas ...He can purchase a $ 20,000 T- bill for $ 19,400 or two $ 10,000 T- bills for $ 9,600 each. Which will give him the better return? Discuss steps you can take to safeguard your personal information. 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?
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