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1 year ago

A place to Store crypto. Can be online or offline. What is the definition?

1 answer:

4 0

A cryptocurrency can be stored both online and offline based on the choice of an individual but offline is considered safest.

<h3>How to store Crypto online?</h3>

Crypto can be stored online with the help of a software wallet which includes internet add-ons, desktop, mobile, or web applications. They could differ in terms of their designs and purposes.

One can store your cryptocurrency wallet offline as a cold wallet when you don't want to exchange your cryptocurrency, hardware wallets may be the best option to avoid hacking.

When a cryptocurrency wallet is online, it is referred to as a hot wallet, when it is not, it is referred to as a cold wallet.

Learn more about Cryptocurrency, here:

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Describe your personal definition of leadership.

Inessa [10]

Leadership is showing the way to people and making people better.

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3 years ago

Why might the unemployment rate underestimate the underutilization of labor resources? The unemployment rate might underestimat

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Answer:

marginally attached staff and part-time staff that hope on getting full-time jobs

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3 years ago

_____ involves changing the size of the opportunity by identifying and maximizing key drivers of the positive risk

Ne4ueva [31]

The answer would be Risk Enhancement

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3 years ago

Meng Co. maintains a $300 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represe

Alona [7]

Answer: The correct answer is e) $32.

Explanation:

Petty cash fund. $300

Office supplies. (80)

Merchandise inventory. (160)

Miscellaneous expenses. (20)

Cash shortage. (8)

Balance in petty cash. $32

In terms of accounting entries,

Debit Office supplies. $80

Debit Merchandise inventory. $160

Debit Miscellaneous expenses. $20

Debit Cash shortage. $8

Credit Petty cash refund. $268

In the above entries, $268 would be refunded to petty cash fund to reinstate it to $300.

3 0

3 years ago

"You save $3,260.00 in a savings account earning a 3.55% APR compounded monthly. How much is the total interest earned by the en

sammy [17]

Answer:

$ 29.018 ( approx )

Explanation:

The amount formula in compound interest,

$A=P(1+r)^t$

Where,

P = principal amount,

r = rate per period,

t = number of periods,

Here, P = $ 3260.00,

Since, the amount is compounded monthly,

So, the number of periods in 3 months, t = 3,

Also, annual rate = 3.55 % = 0.0355,

So, the rate per month, r = $\frac{0.0355}{12}$ (∵ 1 year = 12 months)

Thus, the amount after 3 months,

$A=3260(1+\frac{0.0355}{12})^3=3289.01817638\approx 3289.018$

Hence, the total interest earned,

I = A - P =3289.018 - 3260 = $ 29.018

3 0

3 years ago