please help.
Jane is a 15-year-old female who earned $1,200 one summer babysitting. She will use the money for a ski trip this winter. She cannot afford to lose any of it. Which is the best investment choice for Jane?
foreign government bond
common stock
preferred stock
savings account
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
savings account i think
OpenStudy (anonymous):
@sydnoelle was i right on the annuity one though
OpenStudy (anonymous):
@sydnoelle u there
OpenStudy (anonymous):
thank u
OpenStudy (anonymous):
which annuity
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
George has an annuity that pays $1,250 at the beginning of each quarter. If the economy grows at a rate of 3.49% annually, what is the value of the annuity if he received it in a lump sum now rather than over a period of nine years?
OpenStudy (anonymous):
I didn't see ur reply to it.. ill go look
OpenStudy (anonymous):
k it was closed when i got to it
OpenStudy (anonymous):
got the answer
OpenStudy (anonymous):
no that's not one of the choices
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
what are the answers
OpenStudy (anonymous):
George has an annuity that pays $1,250 at the beginning of each quarter. If the economy grows at a rate of 3.49% annually, what is the value of the annuity if he received it in a lump sum now rather than over a period of nine years?
$39,384.13
$38,055.97
$9,846.03
$9,513.99
OpenStudy (anonymous):
it is saving account
OpenStudy (anonymous):
thanks @TaylorSwift01
OpenStudy (anonymous):
i said that earlier too
Still Need Help?
Join the QuestionCove community and study together with friends!