Arapid build up of inventories normally requires additional financing, unless the increase is matched by an equally large decrease in some other assets.
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What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

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?