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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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What can we learn from the employment data? Assume Country X has the following statistics: Total relevant population = 50,000,00
svlad2 [7]

Answer:

Country x

Population size 50,000,000

Full time students 4,200,000

Not employed & not searching 6,000,000

Not employed and searching 2,336,000

Employed 29,664,000

Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment

Labour force is 32,000,000

Labor force participation rate is the labor force divided by the population size.

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3 years ago
Suppose that lenders want to receive a real rate of interest of 5 percent and that they expect inflation to remain steady at 2 p
Helga [31]

Answer:

7%

Explanation:

nominal interest rate = real interest rate + expected inflation rate

nominal interest rate = 5% + 2% = 7%

Usually the nominal interest rate has four major components:

  1. real interest rate: the net interest rate received by a lender or an investor
  2. inflation rate: the general rise in the prices of goods and services, as inflation increases, the purchasing power of a currency decreases
  3. liquidity risk premium: usually collateralized loans include a liquidity risk premium since not all assets can be easily converted to cash.
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3 years ago
A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours woul
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Answer:

The plant would have to work 8.33 hours

Explanation:

Initial productivity:

100 parts were produced in 1 hour

Percentage increase in productivity = 20%

New productivity:

100 + (100 × 0.2) = 100 + 20 = 120

120 parts would be produced in 1 hour

Number of hours the plant would have to work to produce 1000 parts = 1000/120 = 8.33 hours

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If you have contacted a seller to report a problem with a product and you were ignored, what should you do next?
KatRina [158]
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