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3 years ago

Robert wants to get serious about saving for a new car. Which account would you recommend? Why?

Business

1 answer:

k0ka [10]3 years ago

8 0

Answer:

1) Money Market Savings Account

2) Online Savings Account

Explanation:

1) Money market accounts which are also known as money market savings or deposit accounts, are accounts that may give interest on a tier bases and may also give waivers on due fees if a customer is able to maintain a particular balance per month

Money market accounts are accounts that is better adapted for a customer that is able to maintain a substantial balance in their bank accounts and would like to be offered a higher interest than that which is given by a basic savings account

2) For Janelle, given that her savings duration are for a period of t months and the amount save is $550, the savings account with a high combined interest rate and flexibility is the online savings account, and given that her current online savings account earns 0.75%, which is high compared to average interest rate of online savings account, her online savings account is still her best option.

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It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a

Vaselesa [24]

Answer:

the answer is $75.670. the answer is $75.670

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2 years ago

Read 2 more answers

Knoll, inc. currently sells 15,000 units a month for $50 each, has variable costs of $20 per unit, and fixed costs of $300,000.

Lunna [17]

Cost per unit
(300,000÷15,000)+20=40

Current profit
50×15,000−40×15,000=150,000

Profit change
60×15,000−40×15,000=300,000

units will knoll need to sell for profit to remain the same as before the price change is
(150,000+300,000)÷40=11,250

3 0

3 years ago

Gilberto Company currently manufactures 90,000 units per year of one of its crucial parts. Variable costs are $3.20 per unit, fi

Elina [12.6K]

Answer:

Part 1

total incremental cost of making 90,000 units = $388,000

total incremental cost of buying 90,000 units = $396,000

Part 2

There is a cost advantage of $8,000 of making than buying, therefore the company should continue to manufacture the part.

Explanation:

total incremental cost of making 90,000 units

Variable costs are ($3.20 x 90,000 units) $288,000

Fixed Costs $100,000

Total $388,000

total incremental cost of buying 90,000 units

Purchase Price ($4.40 x 90,000 units) $396,000

Total $396,000

Decision :

There is a cost advantage of $8,000 of making than buying, therefore the company should continue to manufacture the part.

6 0

2 years ago

If you calculate the cost of attendance (COA) at an institute of higher

lutik1710 [3]

The answer is tuition fees, room and board, books, supplies and other expenses.

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2 years ago

Which of the following is NOT one of the four distinct eras in the evolution of marketing?

saul85 [17]

Answer:

D) Social Media Era

Explanation:

The four eras of marketing evolution are:

production era: industries started to manufacture products in mass and at lower costs, they sold what they produced, not what the customer needed.
sales era: companies used persuasion techniques to try to convince customers to purchase their products.
marketing era: the marketing department was defined as such (part of the organizational structure) and it takes control of the four Ps.
relationship era: focus on creating long term relationships with customers.

*We are currently in the middle of the Social Media Era.

5 0

2 years ago