Tom’s investment account at his bank has compounding interest. He isn’t sure if this is a positive thing for his investment. What is the BEST advice you can offer Tom? a. Ask your bank to compound the interest less frequently.
b. Withdraw your investment immediately because compounding interest is a scam.
c. Invest in a bank that doesn’t offer compounding interest so there is less risk.
d. keep your account open and you will earn more on interest you've already earned

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?

Your own record of all your transactions. a. check register b. account statement

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication