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
Rzqust [24]
4 years ago
10

Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and h

er employer has direct deposit. She plans to only use her bank’s ATM four times a month. Which checking account would be best for Becca
Business
2 answers:
Vinvika [58]4 years ago
7 0

Answer:

Low balance checking account

Explanation:

Since Becca has a small amount of money, only $500, and only uses the ATM around 4 times per month, her best option is a low balance checking account. This type of checking account works very well for people that can only keep a small balance. Many banks don't charge fees for this type of account as long as you write only a limited number of checks, your bank statement is sent to you online, and you use only  their ATMs.

The other types of checking accounts usually require much higher balances, and of the minimum balance is not met, then they will charge you a monthly fee.

ArbitrLikvidat [17]4 years ago
3 0

Answer:

Account B would be the best option

Explanation:

You might be interested in
The best time for a manager to practice a democratic leadership style is when the manager wants:
dedylja [7]

Answer:

d

Explanation:

that's makes sense to me

6 0
3 years ago
Read 2 more answers
Orb, Inc., does business online around the globe. The United Nations Convention on the Use of Electronic Communications in Inter
likoan [24]

Answer:

D. all of the choices

Explanation:

The UNC on the Use of Electronic Communications in International Contracts and other International agreements improve global commercial certainty by determining an Internet user´s location for legal purposes, by providing for the recognition of judgments by other nations´ courts and also by providing that e-signatures are the equivalent of signatures on paper.

6 0
3 years ago
You have an annuity which pays $1,200 every two years. The first payment is two years from now and the last payment is ten years
kompoz [17]

Answer:

31 payments

Explanation:

the present value of the first annuity is:

$1,200 / (1 + 1%)⁸ + $1,200 / (1 + 1%)¹⁶ + $1,200 / (1 + 1%)²⁴ + $1,200 / (1 + 1%)³² + $1,200 / (1 + 1%)⁴⁰ = $1,108.18 + $1,023.39 + $945.08 + $872.76 + $805.98 = $4,755.39

to determine the length of the second annuity:

PV = annuity payment x annuity factor

annuity factor = PV / annuity payment = $4,755.39 / $180 = 26.4188333

using an annuity table we must look for a present value annuity factor that corresponds to 1% interest rate and is close to 26.4188333

the annuity factor is between 30 and 31 payments. Since the final payment has to be less or equal to $180, we have to choose 31 payments.

8 0
3 years ago
Sandia Inc. Wants to acquire a $360,000 computer-controlled printing press. If owned, the press would be depreciated on a straig
Tju [1.3M]

Answer:

c.$37,737

Explanation:

Present value of Cost of Buying = The Cost of Press + [(Post Tax annual maintenance expenses - Annual Depreciation Tax shield)*PVIFA (6%,10)] - [Post tax Salvage Value*PVIF (12%,10)]

PV of Cost of Buying = 360000 + (3000*(1-40%)-360000/10*40%)*7.360 - 25000*(1-40%) * 0.322

PV of Cost of Buying = $262,434

Present value of Cost of Leasing = Post tax Lease Payment at the Beginning *(1+PVIFA(6%,9))

PV of Cost of Leasing = $48000*(1-40%)*(1+6.802)

PV of Cost of Leasing = $224,697

Net advantage to leasing = PV of Cost of Buying - PV of Cost of Leasing

Net advantage to leasing = $262,434 - $224,697

Net advantage to leasing = $37,737

7 0
3 years ago
A(n) ____________________ is all the people and organizations that might purchase a product.
melomori [17]

Consumers refers to a group of people, individuals, businesses that make use of a product.

A(n) <u>consumer</u> is all the people and organizations that might purchase a product

The consumers can also be refered to as the market for a product. They are people who have the ability, and willingness to buy a product at a particular time.

Consumers can either purchase a product to consume directly or buy with the purpose of using it for production of other items.

Therefore, consumers are purchasers and users of a product.

Learn more about consumer:

brainly.com/question/3096413

7 0
3 years ago
Other questions:
  • Given a stock index with a value of $1,500, an anticipated dividend of $62 and a risk-free rate of 5.75%, what should be the val
    5·1 answer
  • Bilateral and multilateral agreements around the world as well as the achievements of the World Trade Organization will help the
    14·1 answer
  • To reduce the potential for litigation, the keys to dealing with non-performing employees by health leaders are _____________, c
    15·1 answer
  • An economy that has the lowest opportunity cost for producing a particular good is said to have a(n): A. absolute advantage. B.
    13·1 answer
  • You buy a new commercial stove for $9,000 and estimate that it will enable you to deliver 20 additional meals per night at an av
    5·2 answers
  • Calculate the simple interest on a loan of $9000 at an interest rate of 8% for 6 years?​
    15·1 answer
  • Suppose that a certain country has an MPC of 0.8 and a real GDP of $400 billion. If its investment spending decreases by $5 bill
    9·1 answer
  • There is an investment with the discount rate of 6 %. What should be the present value of the investment if we want to get a net
    5·1 answer
  • What do you understand by international employment​
    9·1 answer
  • The purpose of _______ is to build selective demand.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!