What Is a Reason That Your Textbook Suggests as to Why

question 60

Multiple Choice

What is a reason that your textbook suggests as to why a newly married couple would want to establish separate checking accounts?

• A) It makes record keeping much easier.
• B) It is preferable if the couple has incompatible money management styles.
• C) One always gets a better deal from the bank on two accounts versus one account.
• D) all of the above
• E) none of the above

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Definitions:

Rate of Return

Outcomes in terms of profit or loss on an investment during a defined period, voiced as a percentage of the investment’s initial pricing.

Investor's Return

The upward or downward financial impact on an investment within a specific period, quantified as a percentage of the investment’s outset cost.

Expected to Be

A phrase indicating the anticipation or belief that something will occur or be the case in the future.

Market Rate of Return

The average rate of return expected by investors in a particular market, based on historical or anticipated investment performance.