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Ket [755]
3 years ago
11

When banks provide information about savings accounts, they typically quote the interest rates they offer (e.g. 1%) on a...

Business
1 answer:
ra1l [238]3 years ago
6 0

Answer:

D. Annual basis

Explanation:

Banks and other financial institutions typically quote interest rates that they pay for deposits on an annual basis. This is to say, the quote the effective rate that is compounded annually, even if the interest is paid monthly, daily, quaterly, or semi-annually.

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The produces computers and sells them to . At the same time produces cars and sells them to the . Suppose there is an appreciati
Elanso [62]

Correct/Complete Question:

The United States produces computers and sells them to Russia. At the same time, Russia produces cars and sells them to the United States. Suppose there is an appreciation in the dollar. This will​ cause:

Answer:

increase in imports into the United States and decrease in exports to Russia​ will occur, which will cause a decrease in aggregate demand and real GDP

Explanation:

Aggregate demand is the total demand for a good or service in an economy at a given time. Real GDP on the other hand can be defined as an inflated value of goods and services in an economy at a certain period of time. An inflation of the dollar will increase imports into the united states as it would decrease the exports to Russia. This because the appreciation of the dollar will affect the prices of both computers and cars. And as such will

6 0
3 years ago
A year ago, you purchased 300 shares of Stellar Wood Products, Inc. stock at a price of $8.62 per share. The stock pays an annua
Galina-37 [17]

Answer:

D. -$1,116

Explanation:

Total amount of purchase = number of shares * price per share

= 300 * $8.62

= $2,586

Total dividends received = number of shares * dividend per share

= 300* $0.10

= $30

Total proceeds from sale of shares = number of shares sold  * price per share

= 300* $4.80

= $1,440

Total dollar return = (Total proceeds from sale of shares + Total dividends received - amount of purchase)

= $1,440 + $30 - $2,586

= -1,116

3 0
3 years ago
Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in eq
Deffense [45]

Answer:

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A Asset</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A AssetBank B Assets</em>

Explanation:

<em>Liquid assets are those assets which get converted immediately into cash, when the company need some cash in hand, they can sell the liquid assets in the market and get cash in hand. As they can sell their various securities to fulfill the need of cash.</em>

<h3><em>HOPE</em><em> </em><em>THIS</em><em> </em><em>HELPS</em><em> </em><em>YOU</em><em> </em><em>ALOT</em><em>!</em></h3>
5 0
3 years ago
If you were opening a savings account with compound interest, would you prefer an account that offers annual compounding, quarte
max2010maxim [7]
 <span>It is very simple. The more often it is compounded the better. So daily is the best, next is weekly, monthly etc. The greater the number of compounding periods, the better it is for your bottom line. 
With a savings account you are lending the bank money but with a mortgage they lend you money so conversely, you want as few compounding periods as possible. 
It works this way because at each break point to which they compound interest (ie.say monthly) they capitalize (add the interest earned to that point) into the investment and you earn interest on your interest for the next period as well as on the principal you started with (next month in this scenario) So the more often they include the interest earned into the calculation (compound periods) the greater the impact on growth. hope it helps
</span>
4 0
3 years ago
The loan amount (principal) is $50,000 and the annual interest paid is $5,500. What is the annual interest rate
Mumz [18]

Answer:

The interest rate is 11%

Explanation:

The loan amount = $50000

Interest amount = $5500

Since the annual interest amount and the principal amount is given so we have to find the interest rate by using the given information. Below is the formula to find the interest rate.

Let the interest rate = x

Principal × interest rate = Interest amount

$50000 × r = $5500

r  = $5500 / $50000

r = 0.11 or 11%

The interest rate is 11%

5 0
3 years ago
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