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frez [133]
3 years ago
14

Mary deposits her paycheck into a checking account every month, and after paying bills, she consistently has $200 remaining each

month. She now has $1,800 excess in her checking account. Her bank requires $25 minimum to open a regular savings account, $1,000 to open a money market and $2,500 to open a CD. What would be the best option for her?
Business
1 answer:
gladu [14]3 years ago
5 0

Answer: Opening a regular savings account.

Explanation: This is because she will save more.

You might be interested in
During the Pillsbury Bake-Off, thousands of people across the country compete to create the best new recipe using the sponsor's
faltersainse [42]

Answer:

contest

Explanation:

Based on the information provided within the qeustion it can be said that this promotion is an example of a very successful contest. A contest is an event in which a large amount of people compete in a certain task in order to prove that they are the best at that task. These events usually have a grand prize for the winner. Which in this scenario this contest's top 100 finalists are flown to Florida to compete in another contest in order to win $1 million dollars.

6 0
3 years ago
Complex companies adopt decentralization in order to realize all of the following benefits, except:________.
nika2105 [10]

Answer:

2. reduced record-keeping

Explanation:

The decentralization is the chain of the processes in which the proper process of all department is followed

Just like from top-level to middle level and then lower level

And, the inverse is lower level to middle level to top level.

The authority and responsibility are delegated to each level of management so that the day to day operations could be performed in a smooth, effective and efficient manner

For the complex companies who adopt decentralization, they have all the benefits like delegation, problem identification but do not reduce record keeping as it is not an easy task for every company

Hence, option 2 is correct

4 0
3 years ago
ou have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12.1 percent and Stock Y wit
aniked [119]

Answer:

$4,565.22 ; $5,434.78

Explanation:

Weight of X be “W” and Weight of Y be “1 - W”

Expected return = (Stock X × Weight of X) + (Stock Y × Weight of Y)

10.85% = (12.1% × W) + [9.8% × (1 - W)]

10.85% = (12.1% × W) + 9.8% - (9.8% × W)

2.3% × W = 1.05%

W = 45.6522%

Therefore, 1 - W = 54.3478%

Investment in Stock X = 10,000 × 45.6522%

                                     = $4,565.22

Investment in Stock Y = 10,000 - 4,565.22

                                     = $5,434.78

5 0
3 years ago
Accounting question, please help
dangina [55]

Answer:

Accrual basis.

Explanation:

The accrual basis of accounting refers to the accounting method where by revenues are recognized on the profit and loss statement when they are realized and not when the money is received.

8 0
3 years ago
Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of studen
Serhud [2]

Answer:

b. 77

Explanation:

The formula for forecasting is :

F_{t} = \alpha D_{t-1} + (1 - \alpha) F_{t-1}

where F_{t} is forecast for the period and D_{t} is the actual demand for the period.

Last week forecast is = \alpha * Demand 2 weeks ago + (1 - \alpha) * Forecast 2 weeks ago

0.2 * 65 + (1 - .02) * 90 = 13

Current week forecast is = \alpha * Demand Last weeks + (1 - \alpha) * Forecast Last weeks

0.2 * 50 + (1 - 0.2) * 83  = 77.

6 0
3 years ago
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