Ask Question
BusinessBusiness
28 December, 12:40

Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment options would best suit the needs of both Faisal and Torie?

+3
Answers (1)
  1. 28 December, 16:22
    0
    Money Market and Savings account.

    Explanation:

    Money market is a form of Financial Market which offers short term loans and trade of instruments with short term maturities with high liquidity. Generally the maturities of instruments trading here are less than a year.

    The investment best suited to Faisal is Money market and saving account. Money market offers high liquidity with moderate returns. This offers low risk and safe option for its investors.

    For Torie the best option is to invest in savings account because it offers low risks to its investors but also it provides low returns on investment. It is less liquid than money market.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment options would ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What does Australian Securities Exchange mean?
Answers (1)
The marketing plan is a. a plan of all aspects of an organization's strategy. b. written for each SBU. c. a written document detailing the activities to be performed to implement and control marketing activities. d.
Answers (1)
Suppose you are considering the purchase of an apartment building that has 12 units that can be rented out at $1,050 per month.
Answers (2)
Some economists believe the economy is self-regulating. What does this mean? A. It means the economy can remove itself from recessionary and inflationary gaps and produce at Natural Real GDP. B.
Answers (1)
How does context influence your communication? Consider the language and culture people grew up with, and the role these play in communication styles.
Answers (1)
New Questions in Business
In latvia, only one six-lane highway exists, connecting riga, its capital, with moscow. otherwise, the roads are two lanes and many are made of cobblestones or bricks.
Answers (1)
When the government injects money into the economy, consumers may have more disposable income, which may lead to higher unemployment. higher production lower production. increases in taxes.
Answers (2)
Stock prices are determined in the financial markets. Management's primary goal is to maximize the firm's stock price, so financial managers need to understand how these markets operate in order to make good decisions.?
Answers (1)
The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements about the WTO that are true. It is possible that more than one statement is true. 1.
Answers (1)
On October 1, 2019, Donna Equipment signed a one-year, 8% interest-bearing note payable for $50,000. Assuming that Donna Equipment maintains its books on a calendar year basis, how much interest expense should be reported in the 2020 income
Answers (1)
Home » Business » Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment options would best suit the needs of both Faisal and Torie?
Sign Up Forgot Password?