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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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Xcel when intentional concealment is involved, what course of action is the injured party entitled to?
mafiozo [28]

Rescission of the contract, which is cancelling the contract and making the parties as close to how they were before the contract started as possible.

8 0
3 years ago
a licensee has 2 closings but her broker kept part of the commission to pay for expenses the licensee charged to the company. if
podryga [215]

A licensee has 2 closings but her broker kept part of the commission to pay for expenses the licensee charged to the company. if the licensee files a complaint with the board, then the TREC does not handle disputes over commissions.

An income commission is the amount of money paid to a worker upon the crowning glory of a venture, usually selling a positive amount of products or offerings. Employers sometimes use sales commissions as incentives to increase worker productivity. A commission may be paid similarly to an income or rather than earnings.

Employers offer a commission to encourage their employees and lead them to be extra effective and generate more income and appeal to clients. sales and advertising jobs in many industries, along with vehicles and actual property, typically offer fee-based repayment.

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3 0
1 year ago
Your firm needs a machine which costs $260,000, and requires $47,000 in maintenance for each year of its 10 year life. After 5 y
Aleks04 [339]

Answer:

nominal tax shield in year 10: 6,812 dollars

present value of the tax shield: 1,837.49

Explanation:

the nominal tax shield in year 10:

We look into the MACRS table for 10-years property class: 6.55%

The depreciation expense for this year is 260,000 x 6.55% = 17,030

Then this produces a tax shield of 40% 6,812

The nominal tax shield at year 10 is 6,812 dollars

considering time value of money today this tax shield is worth:

\frac{6812}{(1 + 0.14)^{10} } = PV  

PV: 1,837.49

3 0
3 years ago
Choose those characteristics that best describe a command system. Multiple select question. The division of output between capit
insens350 [35]

A central planning board makes all economic decisions concerning resources and. The government owns most property, resources are the characteristics that best describe a command system.

<h3>What is command system?</h3>

Command system is the economic system where government  has a special and major role. That detects the economic with the real world problem like the coordination problem, moral problem, hazardous problem and others.

Thus, option B and C are correct.

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6 0
1 year ago
"You've been specially selected to win our grand prize. Contact us to collect it!" This is an example of a _____.
Setler79 [48]
The pitch....for a sales and marketing item or scam.
5 0
2 years ago
Read 2 more answers
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