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Pani-rosa [81]
3 years ago
7

Select all the reasons to keep your money in a financial institution.

Business
2 answers:
mr_godi [17]3 years ago
5 0
All of them :) All those reasons.

mrs_skeptik [129]3 years ago
3 0

Answer:

All of them(safety,security,convenience,growth,financial future,cost) is the correct answer.

Explanation:

safety,security,convenience,growth,financial future,cost all the reasons to keep your money in a financial institution.

Financial institutions work as monetary intermediaries and it is needed for basic for prosperity.

A financial institution is the safest place to deposit your funds and it is a public or a private corporation that collects and provides funds and gives financial help.

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Is it HARASSMENT!????
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39. You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%?
ivann1987 [24]

Answer:

PV= $1,311.17

Explanation:

Giving the following information:

Future Value (FV)= $5,000

Number of periods (n)= 25 years

Interest rate (i)= 5.5% compounded annually

T<u>o calculate the present value (PV), we need to use the following formula:</u>

<u></u>

PV= FV / (1+i)^n

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6 0
3 years ago
Suppose a bank enters a repurchase agreement in which it agrees to buy Treasury securities from a correspondent bank at a price
Bad White [126]

Answer:

a. 10.60%

b. 3.53%

Explanation:

a. Calculate the yield on the repo if it has a 5-day maturity.

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Using 360 days a year, we have:

Yield on the repo = ($50,000/$33,950,000)*(360/5) = 0.1060, or 10.60%

b. Calculate the yield on the repo if it has a 15-day maturity.

Using 360 days a year also, we have:

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3 0
3 years ago
Just need the solution to question one and I would be able to solve the rest. Thank you
barxatty [35]

Answer:

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8 0
3 years ago
Stephenson Company is trying to decide which one of two contracts it will accept. The costs and revenues associated with each ar
Paraphin [41]

Answer:

Stephenson Company

The amounts that are relevant for the selection of one contract over another are:

a) Contract revenue and labor costs

Explanation:

a) Data and Calculations:

Contract X Contract Z

Contract Revenue                         $ 200,000 $ 260,000

Materials                                               10,000       10,000

Labor                                                    88,000    120,000

Depreciation on Equipment                 8,000       10,000

Cost Incurred for Consulting Advice    1,500         1,500

Allocated Portion of Overhead            5,000        3,000

b) The costs of materials and cost incurred for consulting advice, though variable, are equal in each contract.  They are not relevant in determining the contract to choose.  Contract revenue and labor costs are variable and not equal.  They are relevant in determining the contract to select.  They make a difference in the decision.  Depreciation and overhead costs represent sunk costs.  They are not relevant in the decision.

3 0
3 years ago
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