Which alternative offers you the highest effective rate of return?
Consider the following investment alternatives:
Investment APR Compounding
A 6.2200% Annual
B 6.0583% Daily
C 6.1277% Quarterly
D 6.1204% Monthly
A) Investment A
B) Investment B
C) Investment C
D) Investment D
Answer: D
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Henry David Thoreau felt that war was unjust and therefore refused to pay his taxes when the United States declared war on Mexico. Thoreau felt that there was a higher law than the law of the land. Which theory of jurisprudence was he applying?
a. Legal positivism b. Natural law c. Legal realism d. Common law
A vacation license: A) Gives the owner of the license a fee simple interest in the property
B) Is subject to the laws on the sale of securities. C) Is the same as a time-sharing interest. D) Is the same as a time-sharing network.
The principal savers in the financial markets are
A) businesses. B) banks. C) individuals. D) governments.
Identify which of the following statements is true.
A. Aliens, who are U.S. residents, are taxed only on their U.S. income. B. A nonresident alien from a nontreaty country is taxed at a 35% rate on U.S. source investment income without the benefit of any deductions. C. Capital gains earned in the United States, other than in the conduct of a U.S. trade or business, are taxed to a nonresident alien only if the alien is physically present in the United States for at least 183 days during the tax year. D. All of the above are true.