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kkurt [141]
3 years ago
5

Harry wants to save money in a bank account. He decides to open a _______ account with a five-year maturity date because it offe

rs ________ than a savings account does.
Business
2 answers:
Blizzard [7]3 years ago
6 0

Answer:

The correct answers are: <em>''money market'' </em>and <em>''higher interest rate''</em>

Explanation:

A money market account, or MMA, is the name given to the type of account that is an interest-bearing account at a bank. This type includes <em>more benefits</em> that other regular savings account, like for example <em>higher interest rate</em>, <em>checkwriting</em>, <em>debit card privileges</em> and insurance protection. However, it also comes with <em>more restrictions</em> that other normal accounts, those are the disadvantages of it. For example, the person <em>only get six transaction</em>s per month, making it less flexible that other but at the same time is more profitable due to the higher interest rate.

MrMuchimi3 years ago
4 0
Money Market,  a higher interest rate
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3 years ago
Daily demand for a certain product is normally distributed with a mean of 138 and a standard deviation of 13. The supplier is re
VMariaS [17]

Answer:

A. Continuous review system

B. Order quantity = 2,049 Books

C. Reorder point=987

Explanation:

a. To manage inventory, the company is using CONTINUOUS REVIEW SYSTEM

b. Calculation to find the order quality

Using this formula

Order quantity = √((2DS)/H)

Let plug in the morning

Order quantity=√ ((2 x 49,404 x 17)/0.40)

Order quantity = 2,049 Books

Calculation for annual demand

Annual demand=138*358 days

Annual demand=49,404

C. Calculation for reorder point

First step is to find the σL

73 % S.L. - z = 0.613

Using this formula to find the σL

σL = (Lσ^2)

Let plug in the formula

σL=√(7(13)^2)

σL= 34.39

Second step is to find the Reorder point using this formula

Reorder point = d bar(L) + zσL

Let plug in the formula

Reorder point = (138)(7) + 0.613(34.39)

Reorder point = 966+21

Reorder point=987

4 0
3 years ago
Yellowstone Corporation has just announced the repurchase of $125,000 of its stock. The company has 39,000 shares outstanding an
puteri [66]

Answer:

The price–earnings ratio after the repurchase is 22.18

Explanation:

First calculate Numbers of new shares

New Shares = Old Shares - ( Repurchased Shares / Price per share )

New Shares = 39,000 - ( $125,000 / $76.09 )

New Shares = 39,000 - 1,642.79

New Shares = 37,357.21 shares

New compute the old earning

Old  Earning = EPS x Numbers of old shares = $3.29 x 39,000 = $128,310

New compute revised Earning per share

Revised EPS = Earning / New shares = $128,310 / 37,357.21 shares = $3.43

Now we need to calculate the Price earning ratio

P/E Ratio = Price per share / Revised earning per share = $76.09 / $3.43 = 22.18 times

7 0
3 years ago
Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collectio
kiruha [24]
<span>The bond is a written promise to pay the bond's par value and interest at a stated contract rate. </span><span>Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collection, are called coupon bonds. 
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</span>
3 0
3 years ago
The simple annual interest rate on a loan is 5%. what is the interest due on a loan of $3,500 after one year
zlopas [31]
The formula is
I=prt
I interest due ?
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R interest rate 0.05
T time 1 year
I=3,500×0.05×1
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3 0
3 years ago
Read 2 more answers
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