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
Margarita [4]
3 years ago
15

How is a savings account most useful?

Business
2 answers:
Ksenya-84 [330]3 years ago
6 0

The fourth answer is correct (D).

The savings account is an investment that generates little income. To make long-term investments, there are other options that give a better return.

However, this type of account serves so that the money that will be used in the short term has at least some income. In other words, if the investor is sure that he does not need the liquidity of the money, he can apply in bonds, debentures, shares, etc. If the investor has money that needs to be kept liquid to be used soon, the best option is the savings account.

JulsSmile [24]3 years ago
6 0

How is a savings account most useful?

for saving for a long time without withdrawing

for depositing and withdrawing money frequently

for using money for CDs and other investments

<u>D. for using money in the near future but not right away</u>

<u></u>

<u></u>

this is correct on edge 2020

You might be interested in
If a homeowner wants to sell his property to an adult child for $1, may a sales agent be involved in that transaction?
Umnica [9.8K]

Answer:

Of course a sales agent can be involved, although they will probably charge a fixed amount and not a sales percentage. Many people probably need the help of a sales agent to fill out legal forms, including contracts, etc. Not everyone has the knowledge to prepare them or simply fill them out, and a sales agent can be helpful.

7 0
3 years ago
"Under what circumstances might a broker open a separate escrow account for each beneficiary of a transaction?"
hodyreva [135]

Answer and Explanation:

If the broker shall have an "ownership interest" in a company, joint venture or alliance, and shall receive payments for the selling or lease of such land of these institutions.

Then the broker may choose to set up a separate escrow account for each "major accounting company" controlled or otherwise operated to comply with this and other regulations.

6 0
3 years ago
Harvey, a u.s. taxpayer, purchased 10 shares of mvc stock for $100 per share; one year later he sold the 10 shares for $130 a sh
Nonamiya [84]
<span>Harvey purchased 10 shares of mvc stock for = $100 per share
</span><span>one year later he sold the 10 shares for = $130 a share
</span>The price level increased in a year from = 140 to 147
<span>harvey's before-tax real capital gain =
</span><span>$1,300 - $1,000(1.05) but he is to report a $300 gain on his income tax</span>
5 0
3 years ago
Some economists advocate a ____________ on the consumption of such products as gasoline, liquor, cigarettes, and even soda pop,
Eduardwww [97]

Answer:

The correct answer is Sin tax.

Explanation:

A sin tax is a state-sponsored tax that is added to products or services that are considered vices, such as alcohol, tobacco and gambling. These types of taxes are collected by governments to deter individuals from participating in such activities without making the use of the products illegal. These taxes also constitute a source of revenue for the government.

4 0
3 years ago
“Business may be owned by an individual or a group of persons.” In the light of the
BabaBlast [244]
A successfull investment

4 0
3 years ago
Other questions:
  • Tom, an art history professor owned and lived in a home in Dubuque, Iowa, for the past four years. He spends a year in Italy aft
    5·1 answer
  • Circumstances) People, constraints, and consumption are some of the key factors that will impact on your critical thinking and s
    10·1 answer
  • Why is active voice generally preferable for business messages?
    11·1 answer
  • During the current month, Standard Corporation completed Job 310 and Job 312. Job 310 cost $71,000 and Job 312 cost $51,500. Job
    14·1 answer
  • Calculate Payroll
    6·1 answer
  • An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large fir
    9·1 answer
  • The Ryan Corporation uses the composite method and its composite rate is 7.5% per year. The entry that should be made when plant
    6·1 answer
  • The physical units method of joint cost allocation allocates costs based on a.the estimated selling price of the various finishe
    11·1 answer
  • A _____ resource contains one or more identical units, each of which can be requested and used by a process on a non-shared basi
    5·1 answer
  • PLZ HELP! I WILL GIVE BRAINLIEST+30 POINTS!
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!