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
olga_2 [115]
1 year ago
12

which account option features a note issued by a bank to a depositor for funds placed for a set period? certificate of deposit c

hecking savings money market
Business
1 answer:
SashulF [63]1 year ago
6 0

An account option which features a note that is issued by a bank to a depositor for funds placed for a set period of time is; A. certificate of deposit.

<h3>What is a certificate of deposit (CD)?</h3>

A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for an interest rate premium.

This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder than other regular savings account because banks usually invest this money (lump-sum) in a business, so as to make profit.

Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, so it's somewhat safer than other investment options.

In this context, we can reasonably infer and logically deduce that a savings account option which features a note that is issued by a financial institution (bank) to a depositor for funds that are placed for a set period of time is referred to as a certificate of deposit.

Read more on certificate of deposit here: brainly.com/question/28190396

#SPJ1

You might be interested in
We sign two new customers out of every seven people with whom we speak. Our goal is to sign 120 new customers. How many people w
Mila [183]
420 is what I got. if you do two divided by 120 it gives you 60 then 60 times 7 is 420.
6 0
3 years ago
If Supply and Demand have the normal shapes (not perfectly elastic or inelastic), a "tax on sellers" (as defined by Mankiw) will
Oxana [17]

Answer:

The answer b false

Explanation:

The effect of the tax on the supply-demand equilibrium is to shift the quantity toward a point where the before-tax demand minus the before-tax supply is the amount of the tax. The price the buyer pays rises, but generally by less than the tax.

6 0
3 years ago
Direct labor and indirect labor are recorded, respectively, to: Multiple Choice Work in Process Inventory and Factory Overhead.
Nana76 [90]

Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.

<h3>What is indirect labor?</h3>

Indirect labor are expenses incurred during manufacturing process which are not directly, some logistics cost can be here.

Direct labor are charged directly in production such as cost of resources. They are recorded in the company overall spending called overhead cost.

Therefore, Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.

Learn more on labour below

brainly.com/question/453055

#SPJ1

7 0
2 years ago
Suppose that the money demand function is (M/P)d=1000-200r where r is the interest rate in percent. The money supply M is 1200 a
tatyana61 [14]

Answe and Explanation:

b) To find out the equilibrium interest we will equate the money demand function with the money supply:

1000 - 200(r) = 1200/2

r = 2%

c) If the price is fixed and if the supply of money of is increased from 1200 to 1400 then the supply of real balances will be 1400/2 = 700

The equilibrium interest would be:

1000 - 200(r) = 700

r = 1.5%

Thus, it shows that when the supply of money is increased and the price is fixed then the interest rate would fall from 2% to 1.5%

d) The supply of real balances would be 1600/2 = 800

Hence, the interest rate will be:

1000-200(r) = 800

r = 1%

As proved above, an increase in the money supply would decrease the interest rate keeping the price fixed.

e) If the Fed keeps the interest rate at 5% then,

1000 - 200(5) = Money supply/2

Money supply = 0

Reduce the money supply if the interest is increase from 2% to 5%

a) Picture is attached.

6 0
4 years ago
Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $4.50 million in a plasti
ExtremeBDS [4]

Answer:

Break-even price =  $7

Explanation:

<em>The break-even price is the price at which the the total contribution from the sale is equal to the fixed cost of $300,000.</em>

(x- 4)× 100,000 = 300,000

100,000X - 400,000 = 300,000

100,000X = 300,000 +  400,000

x= 700,000/100,000

X = $7

Break-even price =  $7

5 0
3 years ago
Other questions:
  • Shaw Company engages Maya Company to produce a large machine, install the machine, and train their employees on the machine. The
    13·1 answer
  • There are four basic principles of finance. Which principle correctly describes the following​ statement: ​ "A dollar today is w
    12·1 answer
  • Suppose the price of a tie rises from $45 to $55. using the midpoint method, what is the percentage change in price?
    13·1 answer
  • I need to know the answer to this question please
    12·1 answer
  • An economic contraction caused by a shift in aggregate demand causes prices to a. rise in the short run, and rise even more in t
    8·1 answer
  • Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
    5·1 answer
  • Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a
    14·1 answer
  • The concept of market efficiency underpins almost all financial theory and decision models. When financial markets are efficient
    9·1 answer
  • What is an exhibit?
    14·1 answer
  • What is one major problem created by globalization?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!