HTTP/1.0 200 OK Cache-Control: private, must-revalidate Content-Type: text/html; charset=UTF-8 Date: Wed, 25 Nov 2020 17:32:24 GMT Expires: -1 Pragma: no-cache
You are a young personal financial adviser. Molly, one of your clients approached you for consultation about her plan to save aside $450,000 for her child’s higher education in United States 15 years from now. Molly has a saving of $120,000 and is considering different alternative options:
Investment 1: Investing that $120,000 in a saving account for 15 years. There are two banks for her choice. Bank A pays a rate of return of 8.5% annually, compounding semi-annually. Bank B pays a rate of return of 8.45 annually, compounding quarterly.
Investment 2: Putting exactly an equal amount of money into ANZ Investment Fund at the end of each month for 15 years to get 330 000 she still shorts of now. The fund is offering a rate of return 7% per year, compounding monthly.
a) Identify which Bank should Molly choose in Investment 1 by computing the
effective annual interest rate (EAR)?
b) Calculate the amount of money Molly would accumulate in Investment 1 after 15 years is she chooses Bank B?
c) How much is the annual interest rate, assuming compounding annually Molly should aims at if she chooses to invest her $120 000 in a saving account to get the 450,000 fund ready in just 10 years from now?
This year, the average sales price for an apartment in New York City topped $1 million, a milestone with far-reaching implications. As the city’s population soars, prices and buildings are rising in neighborhoods that missed the last housing boom.See Answer
Bolder lawyers will start working with more “sci-fi” programs that claim to predict the outcomes of legal disputes before they have reached court, by analysing similar cases and past rulings, opposition tactics and win/lose statistics, the success rates of certain lawyers before certain judges, and so on.
The second half of this year should see a similar number of IPOs, making a total of about 120 cases in 2016 with about 60 billion to 80 billion yuan in financing volume, Lyn predicted.
“That’s the difference between tweeting from your couch and governing the country. If you govern the country, you have to take sensible decisions, and that isn’t sensible,” Mr Rutte replied.
The central bank last year spent more than six months signaling its intent to wean the economy off a third round of bond-buying, and the prospect upset markets at just about every turn. Now it's only in the first stage of that process.
A devastating financial crisis led business owners and corporate executives to be especially wary about adding staff or investing in new equipment. Some worry about risks from Washington or overseas. Others are seeing consumers maintain their slow-but-steady spending, providing little incentive to deploy their cash stockpiles.
I like a miniskirt and maxi-dress as much as the next woman; they are, generally, flattering and easy to wear. And there’s no question that seeing them on Megan and Company was a potent reminder.
位于加州的斯坦福大学商学院(Stanford Graduate School of Business)排名第二，2016年排在第五位，该学院曾在2014年获得亚军。宾夕法尼亚大学沃顿商学院(Wharton School of the University of Pennsylvania)排名第三。
LONDON — Since its inception in 2002, the Saturday Profile has aimed to bring to readers of The New York Times people around the world they probably have never heard of, but who have led interesting lives and done extraordinary things, or perhaps recently gone through a remarkable experience.