1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrew11 [14]
2 years ago
6

Which of these options for saving money offers the lost liquidity?

Business
1 answer:
daser333 [38]2 years ago
8 0

The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: brainly.com/question/15691477

#SPJ1

You might be interested in
What are types of promotion.
Ksenya-84 [330]
A few types of promotion are advertising, public relations, sales promotions or even personal selling.
5 0
2 years ago
Read 2 more answers
____ 24. the banking system currently has $50 billion of reserves, none of which are excess. people hold only deposits and no cu
kramer
Need more information
6 0
3 years ago
g- Tom and John are excited to purchase a new house. Based on where they live they can find a good house for $800,000. They need
Aleksandr [31]

Answer: 5.9 years

Explanation:

The amount they need to save is the down payment for the house:

= 800,000 * 15%

= $120,000

They are saving a total of:

= 1,050 + 490

= $1,540 per month

Interest is 3.4%/12 as it is monthly.

On excel, insert the details as shown in the attachment.

You should get 70.5 months.

In years this is:

= 70.5/12

= 5.9 years

3 0
3 years ago
All of the following are tests for determining qualifying child status except the ______.A. gross income testB. age testC. suppo
Viktor [21]

Answer:

a. gross income test

Explanation:

because quailfying children must pass the relationship, age support, residence tests.However,there is no requirement relating to gross income for purposes of the qualifying child test.

4 0
3 years ago
Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,300 in investment expenses. T
Veseljchak [2.6K]

Answer:

$3500 is deductible

Explanation:

The question is not complete . Please see the solution below :

The Investment Interest expense can be set off against Net Investment income ( Interest income - Investment expenses i.e $25000-$2000=$23000) to the extent and the remaining is carried forward to the next year. so here the investment interest expense is wholly set off against the interest income i.e $3500 is deductible

4 0
3 years ago
Other questions:
  • A company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. Demonstrate the required adj
    12·1 answer
  • Entries to Write Off Accounts Receivable Creative Solutions Company, a computer consulting firm, has decided to write off the $1
    6·1 answer
  • Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $152,000 Credit sale
    13·1 answer
  • Which of the following statements is true of conversion​ costs? A. The conversion cost needed for a completed unit and the conve
    13·1 answer
  • 1
    13·1 answer
  • PLEASE HURRY
    7·2 answers
  • A market economy is regulated by the intercations between which two things​
    5·2 answers
  • According to the liquidity preference model, if the Federal Reserve increases the money supply, the equilibrium interest rate __
    13·1 answer
  • Novak Corporation purchased 380 shares of Sherman Inc. common stock for $12,900 (Novak does not have significant influence). Dur
    14·1 answer
  • Which of the following is an example of a broken job-role stereotype? A female forest ranger A female secretary A male architect
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!