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tigry1 [53]
3 years ago
7

Jenny wants to open a savings account to begin saving to buy a house. Which institution will most likely provide her with the be

st deposit interest rate? A) bank B) credit union C) brokerage firm D) electronic money institution
Business
2 answers:
soldi70 [24.7K]3 years ago
3 0
The answer is B) Credit Union
dem82 [27]3 years ago
3 0

The answer is <u>"B) credit union".</u>


A credit union is a financial establishment that is claimed and controlled by its individuals instead of investors. The individuals from the credit association pool their stores and give advances and other budgetary administrations to one another.  

The services offered by a credit union incorporate an extensive variety of monetary administrations, for example, investment accounts, financial records, Visas, authentications of store and online money related administrations.  

A credit union’s charges, loan fees and dimensions of administration are profoundly receptive to the necessities of its individuals. By and large, they offer lower financing costs on credits and higher loan fees on investment accounts and certificates of deposit.

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Assume that Parker Co. will receive SF200,000 in 360 days. Assume the following interest rates: U.S. Switzerland 360-day borrowi
frez [133]

Answer:

d. $96,914

Explanation:

Parker Co. can execute money market hedge in following steps:

(1) Parker Co. pledges Receivable of SF200,000 to borrow SF190,476 with rate 5% in Switzerland; SF190,476 = SF200,000/ (1+5%)

so it has to pay interest expense of SF9,524 in 360 days. The receivable of SF200,000 is enough for both principal and interest in 360 days.

(2) Then it sells SF190,476 at spot rate $0.48 to get $91,428

(3) Then it deposits $91,428 in US with rate 6% to get back $96,914 in 360 days ; $96,914 = $91,428 * (1+6%)

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3 years ago
Jamie can't help but notice and be negatively affected by the interviewer's frown as he explains to her why he left his last job
stepan [7]
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5 0
3 years ago
Suppose that the central bank has increased the money supply such that there is an additional $ 231115 in excess reserves. If th
Alex787 [66]

Answer:

$196448

Explanation:

Since the central bank has increased the money supply by $231115 but the reserve ratio is maintained at 15%, this means that 85% of the money is being injected in the form of money supply.

Hence, the maximum increase in money supply, the 85% of $231115 is: $196448.

Hope this helps.

Thank you and Good luck.

5 0
3 years ago
Read 2 more answers
The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and
bezimeni [28]
Total= $159,552



Giving the following information:
The company has budgeted to sell 15,600 Debs in February.
Sales commissions $ 0.96*15,600= 14,976
Shipping $ 1.46 *15,600= 22,776
Executive salaries $ 60,600
Depreciation on office equipment $ 20,600
Other $ 40,600
Total= $159,552
8 0
2 years ago
The opportunity cost to a consumer who smokes cigarettes is the:
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Answer: d. Products the consumer could have bought instead of cigarettes.

Opportunity cost refers to the loss benefits from the choices a person would have made if he or she had not made a particular choice.  

Opportunity cost is also known as alternate cost.

In this question, had the consumer would have spent on other products if he had not bought cigarettes. Hence these products represent the opportunity cost of cigarettes.

6 0
3 years ago
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