ou decide to look at the broad-based market index securities sold by Vanguard. The Vanguard US total market index ETF (symbol VTI) currently quotes an expense ratio of 0.03%, while its counterpart index fund (symbol VTSMX) has an expense ratio of 0.14%. Currently, the commission for your brokerage account is $5 per trade. Suppose you plan investing your money for only 1 year. (i)Demonstrate which option is the most appropriate for you, assuming that the index remains stable over the year. (Hint: Remember that you need to sell your investment as well as buy it. Hint 2: What is the difference in return between the two options

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. true or false

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of