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
We define differentiation as: Group of answer choices Dividing a market into different age and life-cycle groups. Tailoring prod
Gre4nikov [31]

Answer:

Option C Differentiating the market offering to create superior customer value

Explanation:

The reason is that when the product are differentiated from the rest of the products in the market, it creates a sense of superiority among products because of its quality, uniqueness and exceptional things that the company offer with the product. Due to differentiated strategy, the company is able to sell at a higher price which earns greater profit for the company.

3 0
3 years ago
Read 2 more answers
If Sasha works for 6 hours she can rent
zloy xaker [14]

Based on the number of apartments that Sasha can rent at 6 and 7 hours, her marginal benefit in the 7th hour is<u> 3 apartments. </u>

<h3>What is Sasha's marginal benefit?</h3>

This refers to the additional number of benefits that Sasha gets when she works an extra hour.

As a result of working one extra hour from 6 hours to make it 7 hours, the additional benefit Sasha gets is:

= 12 - 9

= 3 apartments.

Find out more on marginal benefits at brainly.com/question/11937697.

5 0
2 years ago
Miltmar Corporation will pay a year-end dividend of $3, and dividends thereafter are expected to grow at a constant rate of 5% p
motikmotik

Part a: The market capitalization rate is 9.25%

Part b: The intrinsic value of the stock is $70.59

Market capitalization rate is another name for the stock's required rate of return. It is called the market capitalization rate because we can infer it by observing the market value of the stock. One way to find this rate is the capital asset pricing model (CAPM).

Part a:

Let,

r = market capitalization rate

f = risk free rate = 5%

m = return on the market = 10%

We can find the market capitalization rate with the help of the capital asset pricing model (CAPM),

r=f+\beta *(m-f)\\ r=0.05+0.85*(0.1-0.05)\\ r=9.25\%\\

The market capitalization rate is 9.25%.

Part b:

Let,

D be the dividend expected = $3

r be the interest rate = 9.25%

g = growth rate of dividends = 5%

The price is given by the dividend growth model:

Price=\frac{D}{r-g}\\ Price=\frac{3}{0.0925-0.05}\\ Price=\$70.59\\

The intrinsic value of the stock is $70.59

Learn more about CAPM:

brainly.com/question/15548553

#SPJ4

8 0
1 year ago
Which is true of the influencers found among early adopters?
Paraphin [41]

What is true about  the influencers found among early adopters is that  a. They are not focused on earning the respect of others.

<h3>Who are the influencers ?</h3>

Influencer can be regarded as those that are found in life that involve themselves in endorsements and product placement .

These people are found in different  organizations and have purported expert level of knowledge , however They are not focused on earning the respect of others.

Learn more about influencers at: brainly.com/question/26662825

#SPJ12

3 0
2 years ago
1.   Workplace communication can suffer when individuals
bonufazy [111]

Workplace communication can suffer when individuals use text lingo or emoticons. Correct answer:A

It is very important companies to have good workplace communication because it helps them to be productive and operate effectively. Emoticons aren't universal and they can get lost in translation. They also make you seem less competent. However, if your workplace is informal, emoticons are likely more acceptable.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Charles and nancy have decided to sell their family business and would like to transfer ownership to the next generation. which
    15·1 answer
  • Empire Company is a manufacturer of smartphones. Its controller resigned in October 2017.
    12·1 answer
  • On december 1, milton company borrowed $480,000, at 8% annual interest, from the tennessee national bank. interest is paid when
    10·2 answers
  • In which step of the production process are
    13·1 answer
  • When an industry is a natural monopoly:
    9·1 answer
  • At January​ 1, 2019, the Accrued Warranty Payable is $ 1 comma 100. During​ 2019, the company recorded Warranty Expense of $ 19
    11·1 answer
  • Capricorn Creative Inc., a U.S.-based advertising firm, was the first in the advertising industry to identify the growth potenti
    15·1 answer
  • Jim and Susan are both in good health and Jim has a reasonably secure career. Jim currently has an income of $70,000 and has 2 c
    13·1 answer
  • Which of the following is NOT necessarily a characteristic of successful entrepreneurs?
    6·2 answers
  • The goal of global market segmentation is to break down a new foreign market for a product or a service into different groups of
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!