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
Naddika [18.5K]
3 years ago
8

Morgan is moving to a new city. Select all of the factors she should consider when selecting a new financial institution.

Business
2 answers:
svet-max [94.6K]3 years ago
7 0
Fees- Everything has a cost. Especially institutions, that are public.

Minimum Balance needed in an account-
If you are considering to buy anything, be sure to know your average amount of dollars you have, to know how much money you can spend. Be sure to have some left over.

Interest rates- The percentage you are being charged for. Be sure to have money left over for it.

Services- Pick the best services.
White raven [17]3 years ago
5 0

Answer:

minimum balance needed in an account, ATM's available, services, fees, and FDIC insured

Explanation:

Minimum Balance Needed in an Account-This allows her to know if she is even eligible for the insitiution due to her spending habits. If she doesn't think she's able to have that minimum amount at all times, then it will result in avoidable fees.

ATM's Available-This way she can know how accessable her money is to her. Based on her needs, she may need it to be more accessable. This is a factor in deciding which institution to use because some banks charge fees for using other banks ATM's.

Services-When joining a new institution, you want to know what they're able to do for you. If you want a financial institution with a safe deposit box and the one you're considering doesn't have them, you know it's not the right fit.

Fees-When choosing an institution, it's best to know upfront the amounts you are at risk of paying. There may be months were mistakes happen and you need to pay the fees.

FDIC insured-If something happens to the institution, you want to know that you are able to get a portion of your money back. This protects you from losing everything.

You might be interested in
In 1920, it was reported that there were 60 billion barrels of oil in the world oil reserves and we were using 6 billion barrels
Ipatiy [6.2K]

Answer:

Discovery of new oil reservoirs and technological developments on oil extraction.

Explanation:

The world has not run out of oil by two reasons. First, the discovery of new oil reservoirs and, second, the development of new technologies that increased extraction efficiency in a feasible way.

5 0
3 years ago
What are the forces that together comprise the invisible hand?
nalin [4]
The answer to the question asked  above are <span> self-interest, competition, and supply and demand, it was noted for having the capaility of allocating resources in society.</span>


Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.
7 0
3 years ago
Read 2 more answers
Charlotte's manager asks her to create a survey for the company, which will be sent to current customers. The survey includes ye
Rashid [163]

Answer:

"Quantitative " is the correct answer.

Explanation:

  • Quantitative approaches qualitative data analysis as well as observational, analytical, or predictive interpretation of the data obtained by interviews, queries, and surveys and then using processing methods to modify focuses on gathering numerical data.
  • It exposes students to the study broad targeted advertisements bodies as well as to manipulate this information in order to achieve intended outcomes.

Therefore the survey provided is a quantitative data collection tool.

8 0
3 years ago
32. On December 31, 2016, Wellstone Company reported net income of $70,000 and sales of $210,000. The company also reported begi
Rom4ik [11]

Answer:

$205,000

Explanation:

Sales = $210,000

Opening accounts receivables = $20,000

Ending accounts receivables = $25,000

Using the formula

Opening accounts receivables + Sales -  Cash collected = closing accounts receivables

$20,000 + $210,000 - Cash collected = $25,000

Cash collected = $20,000 + $210,000 -  $25,000

                         = $205,000

The cash collected from sales reduces the balance in the accounts receivables.

7 0
3 years ago
Whom does inflation hurt the most?
drek231 [11]

Answer:

consumers

Explanation:

The consumers of any given market are the ones that finally pay the increase of prices driven by inflation.

Inflation means that there is an increase in the prices of goods and services per year. This increase affects all the actors in a given economy but in the bottom-line consumers are the ones that pay these increment in prices.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Investments created to invest many people's money in many different firms are called:
    11·2 answers
  • Most good managers enjoy mentoring employees. Most good managers are people- oriented individuals. Assuming these two statements
    13·1 answer
  • Which statement is false? 1 land is the primary factor of production used in the production of all goods and services. 2 an entr
    14·1 answer
  • Assume today’s settlement price on a CME EUR futures contract is $1.3140/EUR. You have a short position in one contract. Your pe
    15·1 answer
  • Which of the following investment choices is least risky?. . A.Flipping. B.Renting. C.CDs. D.Bonds. .
    8·2 answers
  • Jerry, the manager at Cayman's Inc., strongly believes that his subordinates prefer to be directed, avoid responsibility, and fr
    7·1 answer
  • El Tapitio purchased restaurant furniture on September 1, 2021, for $45,000. Residual value at the end of an estimated 10-year s
    12·1 answer
  • New Keynesian economists critique rational expectations by arguing that short-term wage stickiness is brought about by a. the po
    12·1 answer
  • All of the following are examples of healthful breakfast except
    15·2 answers
  • The following graph shows the supply curve for a group of students looking to sell used smartphones. Each student has only one u
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!