1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natali 33 [55]
3 years ago
10

You decide to cash out your CD early. What will happen? A. You will be able to invest in other stocks. B. You will be penalized

with high fees. C. You will roll it over into a 401(K). D. You will reinvest the proceeds into a money market account. E. You will have tax-free income.
Business
2 answers:
Daniel [21]3 years ago
6 0

Answer:

The correct answer is B.

Explanation:

Certificates of deposit, or CDs, are well known in the market because they are presented as protected investment devices.  

Penalties for early withdrawal of CDs result in interest losses. Depending on the status of your CD, you may have to pay a 30 to 90-day premium if you withdraw cash from a CD early. Longer investments have much more severe penalties.

Have a nice day!

lozanna [386]3 years ago
3 0

The answer would be B.

You might be interested in
A "Name That Tune" contest has a grand prize of $500,000. However, the contest stipulates that the winner will receive just $200
Alexxx [7]

Answer:

The correct answer is (C) $401,302

Explanation:

To get how much the contest winner actually won, we have to calculate the amount receive at the end of each year discounted at this moment. Then,  we added  all the payments.  

For example, the first payment in  $200,000 at this moment,  so we add  $200,000.  

At the end of the first year we receive $30,000, and the rate of discount is 8%

The formula of discount is P=A/ (1+r)ⁿ

A=Final amount  

P= Principal

r= interest rate

n= time

Year 1 = A/ (1+r)ⁿ =$30,000/1,08¹= 27777,77

Year 2 =$30,000/1,08²= 25720,16

Year 3=23814,96

Year 4=22050,89

Year 5=20417,49

Year 6=18905,08

Year 7=17504,71

Year 8=16208,06

Year 9=15007,46

Year 10=13895,80

 

Total  401302,44

3 0
3 years ago
A) just like a pen, you too think of ideas; you
Gwar [14]

Answer:

what are we answering

Explanation:

6 0
3 years ago
Suppose Lois usually buys two cups of coffee for two dollars each and one scone for two dollars each. If the price of scones fal
777dan777 [17]

Answer:

The correct answer is D. Real income effect.

Explanation:

Real income is defined as the monetary income of an individual, taking into account the effect of inflation. For example, if a person's nominal salary increases by 10% in one year, and inflation is 6% in that year, the actual income will have increased 4% in that year.

4 0
3 years ago
Consider the Northern California territory of Nova generates a sales revenue of $320,000 with four salespeople. The territory ac
antoniya [11.8K]

Answer: e)5% and $80,000

Explanation:

$320,000 was generated by the salespeople in this territory.

This territory comprises 10% of a $64 million market.

Territory comprises of = 10% * 64,000,000 = $6,400,000

Their market share is therefore;

= \frac{320,000}{6,400,000} * 100%

= 5%

Four people made sales of $320,000.

Their productivity = \frac{320,000}{4}

= $80,000

8 0
3 years ago
The only variable input a janitorial service firm uses to clean offices is workers who are paid a​ wage, w, of ​$88 an hour. Eac
slamgirl [31]

Answer:

Answer : Average Marginal Cost, Marginal Cost = $2

The total cost per hour of the janitorial service firm = $32

Explanation:

The janitorial firm only uses labour as an input to clean offices and there are no fixed costs. This implies that the total cost is only the variable cost.

Each worker can clean 4 offices in an hour, therefore the output of each labour is 4units per office cleaned. The price/wages paid to each worker isb $8 per hour.

The total cost per hour of the janitorial service firm is $8x4 = $32 (wxq)

Now to clean one more office, the time required will be 15minuites, because each worker can clean 4 offices in an hour. To clean one more office , each worker will be paid $2($8/4)

The variable cost/total cost, average variable cost and the marginal cost of cleaning one more office will be

Variable cost =w.q = 2q

Average Variable Cost = VC/q = 2q/q = $2

sine the marginal cost also varies directly as the average marginal cost , the Marginal Cost is $2

3 0
3 years ago
Other questions:
  • Which of the following situations will not generale stress?
    10·2 answers
  • PLEASE HELP ME!
    5·1 answer
  • Recommend four aspects you would include when preparing a flyer
    13·2 answers
  • Arm & Hammer launches a campaign to extend the life of its baking soda products through improved packaging and new uses in p
    15·1 answer
  • Which decision-making models best describe how decision-making takes place in the research and development laboratory of a major
    7·1 answer
  • In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel
    12·1 answer
  • Ryan is trying to dispel the myth that the role of salespeople is to "sell refrigerators to Eskimos." He tells his salespeople t
    6·1 answer
  • If prices are rising and a company's physical inventory levels are unchanged, the use of FIFO rather than LIFO for inventory val
    14·1 answer
  • Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative preferred 4% sto
    8·1 answer
  • If you were a politician, why would you find it difficult to remove a binding price ceiling? because it greatly benefits firms,
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!