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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

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A successful biologist’s main interest area would be _____.
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it would be scientific

8 0
3 years ago
Which of the following in not an example for safeguarding inventory? Group of answer choices Matching receiving documents, purch
Tomtit [17]

Answer:

returning inventory that is defective or broken

Explanation:

Inventory reffered to as set of finished goods/ products as well as other goods that are used in production. It is regarded as current asset on the balance sheet of a company. Inventory safeguarding is very essential in a company to keep them safe, there are some ways in which this can be done.

With the aid of technology such as security cameras which can record any form of theft, door alarms and others can protect inventory from both external/internal threats. Some of thers common examples for safeguarding inventory are;

✓storing inventory in restricted areas

✓physical devices such as two-way mirrors, cameras, and alarms

✓matching receiving documents, purhcase orders, and vendor's invoice

3 0
2 years ago
Suppose the data have a bell-shaped distribution with a mean of 25 and a standard deviation of 5. Use the empirical rule to dete
Zielflug [23.3K]

Answer:

a) 15 to 35 approximately 95%

(b) 10 to 40 approximately almost all

(c) 20 to 30 approximately 68%

Explanation:

The data have a bell-shaped distribution which means the data is equally distributed on both sides of the mean.

We have the mean at 25 and a standard deviation of 5 which means that the interval is for each of the values of 5 .

The mean would be u and

The first value would be u ±σ = 25 ± 5= 20 and 30 (68 % )

The second value will be u ± 2σ= 25± 10 = 15 and 35 (95%)

The third value will be u ± 3σ= 25 ± 15 = 10 and 40 (99.7 % almost all)

In the figure below the light blue region gives u ±σ on both sides of the mean

, dark blue gives u ± 2σ values on both sides of the mean and grey gives

u ± 3 σ values on both sides of the mean.

It is obvious that 68 % of the data is contained in the u ±σ light blue region, 95 % of the data in the  u ± 2σ dark blue including light blue and 99.7 % in the u ± 3σ all colored regions.

3 0
3 years ago
When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is _________, so
o-na [289]

When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is <u>low </u>so the quantity of money demanded will be <u>high</u>.

If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.

As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.

Learn more about interest rates here: brainly.com/question/1115815

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7 0
2 years ago
On December 31, Briar Co. disposed of a piece of equipment that cost $6,000 with accumulated depreciation as of December 31 of $
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Briar Co. disposed of a $6,000 piece of equipment on December 31 with $4,500 in accrued depreciation as of that date. Then $1,500 will be debited from the Loss on Equipment Disposal account.

<h3>What is loss on Equipment Disposal account?</h3>

Gain/Loss on Asset Disposal is a common account name of the Equipment Disposal account.

The net difference between the initial asset cost and any cumulative depreciation (if any) is debited to the disposal account, while the balances in the fixed asset account and the accumulated depreciation are reversed.

On December 31, the debited amount is calculated as:

=\text{Disposed Equipment- Accumulated Depreciation}\\\\ =\$6,000- \$4,500\\\\ =\$1,500

Therefore, $1,500 will be the amount of loss on disposal of the Equipment.

Learn more about the depreciation, refer to:

brainly.com/question/14682335

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7 0
2 years ago
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