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3 years ago

Why is the savings account better than a checking’s account for saving money?

Business

1 answer:

Lisa [10]3 years ago

7 0

Because it pays a higher rate of interest.

A savings account is better than a checking account for saving money because they normally pay a higher interest rate than a checking account. Quite often, a checking account will not pay any interest at all.

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According to the "rule of 70", how many years will it take for real gdp per capita to double when the growth rate of real gdp

slava [35]

14 Years.

The rule of 70 is a measure of how long it takes for something to double. 70 is divided by the rate of growth or rate of return.

70/5% = 14 years

8 0

3 years ago

Rank the following types of businesses in order of risk to you, with the highest being number 1: partnership, limited partnershi

kompoz [17]

Answer:

Sole Proprietorship
Partnership
Limited Partnership
Limited Liability Company

Explanation:

Sole Proprietorship is the type of business in which the liability is not limited. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.

Partnership is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.

Limited Partnership is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable to for compensation if their is still any amount left.

In the case of Limited liability company, the liability is limited and the burden of the payment of the liability falls on the company. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.

8 0

3 years ago

A) Kasapreko Company Limited is a wholly Ghanaian-owned company with branches in Nigeria, South Africa and Germany. With relevan

s2008m [1.1K]

Answer:

I think b because they knew they were gonna get caught

7 0

3 years ago

Danielle is a 74-year-old widow, lives alone in the home she has had for over 40 years, and has become something of a packrat. s

Arada [10]

Answer:

This is a case of<u> "compulsive hoarding".</u>

<u></u>

Explanation:

Compulsive hoarding refers to a pattern of behavior in which you are not willing to throw out anything in your house, in these things there are many which have no value for you and that is just garbage. When you do like this, there will be unnecessary things and dust everywhere, this will also have affect on you health like Danielle in the given scenario, and you will become more sick day by day.

3 0

3 years ago

The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historic

Dmitriy789 [7]

Answer:

d) 420

Explanation:

In three-year weighted moving average with weights of 0.5, 0.3, and 0.2, the forecast can be calculated using the following formula

Forecast(This year) = 0.5*Demand(last year) + 0.3*Demand(2 years ago) + 0.2*Demand(3 years ago)

Forecast(This year) = 0.5*300 + 0.3*500 + 0.2*600

Forecast(This year) = 150 + 150 + 120

Forecast(This year) = 420

6 0

3 years ago