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NEW QUESTION: 1
Mr B Beard started making regular investments in a mutual fund with the goal of financing a five-year circumnavigation on his 40-foot sailboat, "Pirate's Lady." He is getting ready to depart and wants to set up an automatic withdrawal plan such that the money he has invested will see him through his circumnavigation, with nothing remaining in the account at the end.
Which of the systematic withdrawal plans will best fit his needs?
A. fixed-share plan
B. fixed-dollar plan
C. fixed-percentage plan
D. fixed-time plan
Answer: D
Explanation:
Explanation/Reference:
Explanation: Since Mr. Beard wants an automatic withdrawal plan such that the money will last through his circumnavigation, with nothing remaining at the end, he should elect to use the fixed -time plan. Under this plan, the fund determines how much it will redeem each period over the five years such that the account is depleted at the end of that time period. There is no way of knowing exactly how long Mr. Beard's money will last under the other three types of plans; it could be greater than or less than 5 years--or exactly 5 years for that matter.
NEW QUESTION: 2
Given:
class Vehicle {
int vno;
String name;
public Vehicle (int vno, String name) {
this.vno = vno,;
this.name = name;
}
public String toString () {
return vno + ":" + name;
}
}
and this code fragment:
Set<Vehicle> vehicles = new TreeSet <> ();
vehicles.add(new Vehicle (10123, "Ford"));
vehicles.add(new Vehicle (10124, "BMW"));
System.out.println(vehicles);
What is the result?
A. 10124 BMW 10123 Ford
B. A ClassCastException is thrown at run time.
C. 10123 Ford 10124 BMW
D. A compilation error occurs.
Answer: A
NEW QUESTION: 3
While transforming, which of the following key combinations is used to change the center of rotation?
A. Space-drag
B. Ctrl-drag
C. Alt-drag
D. Shift-drag
Answer: B
NEW QUESTION: 4
Check, Act and Plan are three of the stages of the Deming Cycle. Which is the fourth?
A. Perform
B. Implement
C. Measure
D. Do
Answer: D
Explanation:
Explanation/Reference:
Explanation:
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