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Fed [463]
3 years ago
13

Having a savings account can contribute to a person’s overall financial well-being. Which one of the following is NOT a benefit

of maintaining a savings account?
A. A savings account provides security in tough financial times
B. With a savings account, you can invest when the opportunity presents itself
C. Having a savings account gives individuals the ability to borrow money from members in the community
D. A savings account allows an individual to fulfill life long dreams
Business
2 answers:
katovenus [111]3 years ago
8 0

Answer:

(C) Having a savings account gives individuals the ability to borrow money from members in the community

Explanation:

quester [9]3 years ago
5 0

Answer:

C. Having a savings account gives individuals the ability to borrow money from members in the community

Explanation:

Maintaining a savings account can be a fall-back position in the event of a financial emergency. Also, funds saved can be invested to generate more returns and enable an individual to fulfill life long dreams. However, having a savings account does not give individuals the ability to borrow money from members in the community. Therefore, options A, B and D are correct while option C is incorrect.

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Real GDPa.is the current dollar value of all goods produced by the citizens of an economy within a given time. b.measures econom
Gre4nikov [31]

Answer:all of the above are Correct (D)

Explanation:

Real GDP is a macro economic statistics that measure the value of the goods and services produced by an economy in a specific period , adjusted for inflation. Government use both minimal and real GDP as metrics for analyzing economic growth and purchasing power over time.

3 0
3 years ago
You are considering investing in the stock of PartyWagon, Inc. You expect a dividend of $1.25 next year, $1.31 in year 2, and $1
stich3 [128]

Answer: 29.93%

Explanation:

You can use Excel to solve for this.

Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).

Initial investment = $32

First cashflow = $1.25

Second cashflow = $1.31

Third cashflow = $1.38 + $65 selling price = $66.38

IRR = 29.93%

6 0
2 years ago
He schedule below represents the willingness of a typical consumer to pay for wine in a year. Suppose there are 10,000 identical
natta225 [31]

Answer:

a. ​ $30,000.

Explanation:

Willingness to pay is the highest amount a consumer would be willing to pay for a good or service. In this example, the willingness to pay is $50.

Consumer surplus is the difference between price of a product and the willingness to pay.

To calculate the total consumer surplus , refer to the attached image, the consumer surplus is the shaded triangle.

The total consumer surplus = 1/2 base × (height)

The height is the difference between the willingness to pay and the price of the wine = $50 -$30 =$20

The base is the total quantity purchases at $30 =

1/2 × 3 × ($20) = $30

There are 10,000 consumers, therefore consumer surplus =$30,000

I hope my answer helps you.

7 0
3 years ago
In the glare of the sun, it is hard to see and be seen. Name six precautions you can take to help other vehicles and pedestrians
ICE Princess25 [194]
1. Keep your windshields clean.
Drivers are advised to make sure both their interior and exterior of their windshields are kept clean to minimize the glare. The particles on a dirty windshield intensify the glare as opposed to blocking it.2. Be mindful.
Both pedestrians and motorist are advised to be mindful of sun glare because it comes out suddenly .Focus farther down the road and be aware when turning into sun.
3.Drive defensively.
When driving also understand that other drivers may slow down significantly or even stop suddenly. Leave a large gap between you and the in front to keep everyone safe.
4. Keep a set of porpoised glasses nearby.
The glasses will protect your eyes from sun glare. They should be kept in a place where easily reached in case of sudden sun glare.
5.Put on additional visors.
For safety purposes you can purchase additional visors for your car or just be sure to test the ones currently in use to improve visibility in sun glare
6.Use Headlights.
Even during bright days having headlights can help you be more visible to other drivers and pedestrians.
7 0
3 years ago
A single stock futures contract on a nondividend-paying stock with current price $180 has a maturity of one year.
guajiro [1.7K]

Answer:

a. $187.20.

b. $202.48.

c. $217.43.

Explanation:

Please find the below for detailed explanations and calculations:

We have the formula for determining the future price of the non-dividend-paying stock as below:

Future price = Spot price x (1+ annual risk free rate )n; which n = number of year(s) to maturity.

Thus, apply the general formula above, we have the below calculations:

a. Future price = 180 x (1+4%)^1 = $187.20;

b. Future price = 180 x ( 1+4%)^3 = $202.48;

c. Future price = 180 x (1+6.5%)^3 = $217.43.  

5 0
3 years ago
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