QUESTION 7 You begin saving for retirement later than you anticipated. At the beginning of every month you deposit $500 into a bank investment account. The account has a 4% interest rate, which compounds quarterly. You begin to realize you will not have enough money to retire comfortably when you turn 65. All of the following actions will improve the situation EXCEPT.... o Finding an account which pays a higher rate of interest Finding an account which compounds interest monthly o Depositing more money into the account Deposit money at the end of the month instead of the beginning QUESTION 8 To achieve maximum diversification, an investor wants asset classes with a correlation coefficient of... 1 0.5 0 O-1