Answer
a. Deposits
Explanation
A checking account is a bank account where members can withdraw and deposit money with ease of access. It is mostly used for bill payments and for making personal financial transactions .A checking account allows for check deposits and debit card transactions
Answer:
The correct answer is b. Regressive coping.
Explanation:
Coping. This concept has been important in the field of psychology for more than 40 years. During the years 1940 and 1950 it meant an organizational concept in the description and clinical evaluation and, at present, it constitutes the center of a whole series of psychotherapies and educational programs that aim to develop adaptive resources. The issue of coping has also received a lot of attention in the media, as can be seen by flipping through the index of any magazine, book sales lists or programming guides. Actually, the word coping is both a colloquial and scientific term. Despite its prolific history and its current popularity, there is still a lack of coherence regarding theories, research and understanding of the subject. Even the most superficial review of what is written by both scholars and laymen, already reveals confusion regarding the meaning of coping and its role in the adaptation process.
Answer:
The Macro Environment consists of 6 different forces. These are: Demographic, Economic, Political, Ecological, Socio-Cultural, and Technological forces. This can easily be remembered: the DESTEP model, also called DEPEST model, helps to consider the different factors of the Macro Environment.
Explanation:
Answer:
A) less of a public good than would be efficient.
Explanation:
The main characteristic of free markets is that the private participants (suppliers and consumers) decide how to allocate resources. They allocate resources in a way that their utility is maximized: suppliers maximize their profit while consumers maximize satisfaction. The problem with private goods is that they do not maximize profits for the suppliers, therefore, very few or no suppliers are willing to supply them resulting in a shortage.
Answer:
We can use the present value of an annuity formula to determine the annual distribution. I'm assuming that your distributions will be made in a similar manner to an annuity due (the first payment happens when you retire).
annual distribution = principal balance / PV annuity factor
- principal balance = $2,000,000
- PV factor annuity due, 8%, 15 periods = 9.24424
annual distribution = $2,000,000 / 9.24424 = $216,350.94
if instead, the first distribution is received at the end of the first year of retirement, then the annual distribution will be:
annual distribution = principal balance / PV annuity factor
- principal balance = $2,000,000
- PV factor ordinary annuity, 8%, 15 periods = 8.55948
annual distribution = $2,000,000 / 8.55948 = $233,659.05
