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elena-s [515]
3 years ago
11

Tamara has $500 she is looking to save for a class trip. She wants to earn the most possible interest and will not need access t

o her money for a full year. Which type of savings account will be best for Tamara?
A. saving account
B. money market account
C.checking account
D.certificate of deposit
Business
1 answer:
Olegator [25]3 years ago
8 0
The answer will be (B) money market account
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a type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called
Rus_ich [418]

A type of <u>group</u> that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called an association or labor group. This is further explained below.

<h3>What is a constitution?</h3>

Generally, the government is guided by a set of basic principles or precedents that are accepted by the public.

In conclusion, Association and labor groups are two types of groups that have a constitution and <em>bylaws</em> and have been formed for a reason other than getting insurance.

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5 0
1 year ago
The Project Evaluation and Review Technique (PERT) was developed as a means of scheduling and controlling projects with constant
astra-53 [7]

Answer: False

Explanation:

The Program Evaluation and Review Technique (PERT) is used to know the schedule tasks and also know the critical path variation. It is useful to know the length of time that'll be needed for the completion of every task and how it relates to others in order to know the entire time needed to complete the particular project.

The Project Evaluation and Review Technique (PERT) is not a means of scheduling and controlling projects with constant activity times. The activity time normally varies.

3 0
3 years ago
If the closing costs were 5% of the loan amount, how much was the loan amount?
scoray [572]
B) $70,880..........................
5 0
3 years ago
we are evaluating a project that costs $848,000, has an eight-year life, and has no salvage value. assume that depreciation is s
alukav5142 [94]

A project's susceptibility to undesirable fluctuations in the value of the underlying factors, such as the sales price, sales units, its indirect cost, and other variables, is assessed using sensitivity analysis.

<h3>Sensitivity analysis: What is it?</h3>

According to a specific set of assumptions, sensitivity analysis evaluates how various values of an exogenous variables impact a specific dependent variable. In other words, analyses look at how different types of ambiguity in a mathematical formula affect the overall level of uncertainty in the model.

<h3>Briefing:</h3>

Project has an eight-year lifespan, costs $848,000, and has no residual value. Over the course of the project's life, depreciation decreases linearly to zero.

Depreciation = $848,000 / 8 = $106,000

Contribution margin per unit = selling price - variable cost per unit

= 40 - 20 = $20 per unit

Accounting break-even point = (Fixed costs + Depreciation) / Contribution per unit

= (625,000 + 106,000) / 20

= 36,550 units

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8 0
1 year ago
Granny Gums has established a scholarship at the Martin College of Dentistry. She will make deposits into an endowment account t
OleMash [197]

Answer:

<u>Scholarship Amount would be $45.68</u>

Explanation:

Deposits into an endowment account that pays 12% per year

Year 0 Deposit $100

Year 1 Deposit $90

Year 2 Deposit $80

Year 3 Deposit $70

Year 4 Deposit $60

Year 5 Deposit $50

Year 6 Deposit $40  

First find the present worth of the gradient deposits.  

P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69  

A = 380.69 (0.12)

A= $45.68

3 0
3 years ago
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