A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The customer has an elderly widowed aunt who has died, and her estate attorney has contacted him, notifying him that he has been left $100,000 as an inheritance. The customer is single and has an annual income of $100,000 per year. He wants to use the inheritance to buy a retirement home, which he expects to do in 7 years. Over this investment time horizon, the general expectation is that interest rates will rise. The best recommendation to the customer is to invest the $100,000 in:

Money Market Instruments

Step-by-step explanation:

Money market instruments can be defined as a form of securities that help to provide businesses, banks as well as the government with large sum of amounts of low-cost capital for a short period of time because the financial markets tend to meet longer-term cash needs while Businesses tend to need short-term cash due to the fact that payments for goods and services sold might take months which is ‘Money Market’ are often been used to help to define a market where short-term financial assets are traded because they aim to increase the financial liquidity of a businesses company's or organization's.

The best recommendation to the customer is to invest the $100,000 in: MONEY MARKET INSTRUMENTS

75 tickets have been sold so far.

step-by-step explanation:

in this question it is clearly mentioned that 45 children's tickets have been sold and this number is 60% of the total tickets sold.

now let's assume the total number of tickets sold be x.

then 60% of x = 45

⇒

⇒ x(.6) = 45

by dividing with .6 on both the sides of the equation

⇒ x = 75

therefore 75 tickets have been sold so far.

-4

step-by-step explanation:

(-4+8)=-(4-8)=-8+4=-4