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Anettt [7]
2 years ago
6

A certificate of deposit pays a higher interest rate than a savings account because the money is quizlet

Business
1 answer:
storchak [24]2 years ago
6 0

A certificate of deposit pays a higher interest rate than a savings account because the money is kept by banks for a longer time period.

What is the difference between a CD and a savings account?

Since CDs are term deposits, money is held in escrow for a predetermined period. Term deposits are distinct from savings accounts. Savings accounts can be topped off with the money, but once a CD is opened, it usually isn't possible.

Is a CD better than a high-yield savings account?

A high-yield savings account gives far higher liquidity if you want to use the funds as an emergency fund. With a CD, you cannot withdraw your money before it matures without paying a significant penalty. If you have to make an early withdrawal, you might have to pay interest for several months.

Learn more about certificate of deposit: brainly.com/question/13332611

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Andrea, an enterprising individual, wants to open a store in her town. She wants her store to be of the same type as a popular c
uysha [10]

Answer:

D. Franchisee

Explanation:

A franchisee can be defined as an individual who is a small business owner who operates a franchise. A franchisee is given license by the franchisor to run a business under the franchisor's trade mark, trade name and method of operations. A franchise is a business in which the owners sell the rights to their business trade mark, trade name, logo and method of operations to a third party outlet or individuals owned separately by who we refer to as the franchisee. In this case, Andrea wants to become a franchisee by opening the same type of popular coffee chain in her town that is found in a nearby town.

6 0
3 years ago
Consider the supply curve for basketballs. Other things held constant, if the price of basketballs goes up from $7. 99 to $14. 9
Tanzania [10]

There will be an increase in quantity supplied. (The Law of Supply)

  • A key tenet of economic theory is the rule of supply, which asserts that a rise in price will result in an increase in the quantity provided, all other things being equal. In other words, there is a direct correlation between price and quantity, and quantities react to price changes in the same way.'
<h3><u>What is a case of the law of supply?</u></h3>
  • For instance, if Apple produces 100 iPhones, then this is the quantity that is sold. The link between pricing and supply is referred to as the "law of supply." Supply also rises in tandem with price growth. In the event that prices decline, so will supply.

To Learn more about Law of Supply, Click the links.

brainly.com/question/17805586

brainly.com/question/17805586

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8 0
2 years ago
During an exit interview, a manager discovers that the reason an employee is resigning is because of unlawful harassment from a
natka813 [3]

Answer:

See explanation below for answer.

Explanation:

The manager should embark on an investigation, in order to get to the bottom of the matter. The accusation must be treated seriously in order to make sure that the root cause of the problem is established, this will be done with the details of the harassment that the employee provides.

Also, the witnesses that the employee has mentioned must be questioned in order to establish the facts of the issue. The matter must be treated with the utmost urgency, in order to stop the issue from repeating itself, because this will affect the productivity of the affected employees if left unchecked.

7 0
3 years ago
Read 2 more answers
Importers' bank usually issues a ________ to importers in international transactions.
Nezavi [6.7K]
<span>Importers' bank usually issues a letter of credit to importers in international transactions.

A letter of credit is issued by a bank, most common from another country, to guarantee the payment to be made under agreeable circumstances. This is a way to ensure and product the two people doing business that one will get the items and one will be paid for them. </span>
8 0
3 years ago
Which of the following transactions will REDUCE your checking account balance immediately?
tino4ka555 [31]

Answer:

the answer B

Explanation:

using your debit card to pay groceries at the supermarket

8 0
3 years ago
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