3 years ago

Why would a money market account require a minimum balance?

1 answer:

5 0

Money market requires a minimum balance because the money is treated as part of your investment wherein it yields higher interest income that the basic saving account. The minimum balance is the one that is use by the bank for loans and lending it to borrowers.

You might be interested in

John saves $108<br> each month. How<br> much will he save in<br> a year?

Aleks04 [339]

He will save $1,298
108 x 12= 1,296

3 0

2 years ago

Read 2 more answers

Can someone solve this?

aleksley [76]

Answer:

Considering the Law of Cosines:

$c^2=a^2+b^2-2ab*cosC$

$a=14mi; b=24mi; c=CA; C=91degrees$

$\cos \left(91^{\circ \:}\right)=-0.01745\dots$

$c^2=14^2+24^2-2(14)(24)*\cos \left(91^{\circ \:}\right)\\c^2=196+576-672*\cos \left(91^{\circ \:}\right)\\c^2=772-672*\cos \left(91^{\circ \:}\right)\\c^2=772-672*(-0.01745)\\c^2=772+11.7264\\c=\sqrt{772+11.7264} \\c=\sqrt{783.7264}\\c=27.99mi$

4 0

3 years ago

There are 80 sixth graders at Wilson Middle School. Only 60% of the sixth graders will attend the morning assembly. How many six

Montano1993 [528]

You would do 80 * 6/10, which equals 48. Therefore there would be 48 sixth graders at the morning assembly. Hope this helps. Please rate, leave a thanks, and mark a brainliest answer(Not necessarily mine). Thanks, it really helps! :D

3 0

3 years ago

Read 2 more answers

The first number is 14 less than the second number. When she adds them, she gets 40.

Alenkinab [10]

Answer:

second number is 17, first number is 3

Step-by-step explanation:

5 0

3 years ago

108,930,000 in scientific notation

Ann [662]