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3 years ago

A _____ savings account pays interest and allows for a regular deposits and withdrawals

Business

1 answer:

lisov135 [29]3 years ago

7 0

Answer:

<em>Regular savings account </em>

Explanation:

<em>One requires to commit small amounts of income each month on a regular savings account.</em>

In exchange for providing your savings provider a fixed level of income every month, they normally pay you a higher rate of return than, for instance, if you invest a lump sum in a cash ISA or easy access account.

However, the best regular savings rates also exceed the prices on the longer fixed-rate offers offered.

This type of account has rigorous terms of service that may cause you to lose your competitive rate if you fail to adhere to them.

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Complete the following statement. The purpose of the closing process is to reset _________ (temporary/permanent) account balance

frez [133]

Answer:

The correct answer is temporary/earnings

Explanation:

The objective of the accounting closing is to evaluate the benefits or losses of a business activity. In other words, if the final result is positive, there is an increase in business equity, and if the final result is negative, there is a decrease in company equity.

Finally, in the accounting closing, a series of steps are carried out: the accounting regularization, the determination of the result, the closing of accounts and the presentation of annual accounts.

In conclusion, in the accounting cycle a period of time is contemplated and a set of operations and procedures are carried out in order to reflect the financial status of a company.

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3 years ago

Read 2 more answers

_________are places that sell merchandise from a single manufacturer, usually at lower prices than other retailers.

Furkat [3]

Whole sailers sells at lower prices

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3 years ago

Read 2 more answers

Your son is born today and you want to make him a millionaire by the time he is 50 years old. You deposit $50,000 in an investme

mel-nik [20]

Answer:

$1000000= 50000 (1+ \frac{i}{1})^{1*50}$

$20 = (1+i)^{50}$

$20^{1/50} = 1+i$

$i = 20^{1/50} -1 = 0.0617$

And if we convert this into % we got $i = APR = 6.17 \%$

See explanation below.

Explanation:

We assume that we have compounding interest.

For this case we can use the future value formula given by:

$FV= PV (1+\frac{i}{n})^{nt}$

Where:

FV represent the future value desired = 1000000

PV= represent the present value = 50000

i = the interest rate that we desire to find in fraction

n = number of times that the interest rate is compounding in 1 year, since the rate is annual then n=1

t = represent the number of years= 50 years

So then we have everything in order to replace and we got:

$1000000= 50000 (1+ \frac{i}{1})^{1*50}$

Now we can solve for the interest rate i like this:

$20 = (1+i)^{50}$

$20^{1/50} = 1+i$

$i = 20^{1/50} -1 = 0.0617$

And if we convert this into % we got $i = APR = 6.17 \%$

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3 years ago

Who on here can drive and lives in Florida?

iragen [17]

Answer: aye im 15 i can drive and no i dont live in florida

Explanation:

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3 years ago

Anyone who knows how to properly label a supply and demand graph please help! Draw a supply and demand graph for the given scena

goldfiish [28.3K]

The factor that would shift demand is the reduction in the price of laptops.

The equilibrium price and quantity would decrease.

<h3>What is the result of the policy?</h3>

When the price of laptops are reduced, the quantity demand for laptops would increase while the demand for computers would fall. This is because computers and laptops are substitute goods.

As a result of a fall in the demand for computers, the demand curve would shift to the left. Equilibrium price and quantity would fall.

Please find attached the required diagram. To learn more about the demand curve, please check: brainly.com/question/25140811

#SPJ1

3 0

2 years ago