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3 years ago

A checking account is sometimes called a..

Business

2 answers:

asambeis [7]3 years ago

6 0

B
a demand deposit lets you withdraw money without advice notice

alexira [117]3 years ago

5 0

It's B) demand deposit account
Demand deposit accounts are also held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts

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Sophie's credit card has an APR of 19 percent. What is the periodic rate?

In-s [12.5K]

Her daily periodic interest rate is 0.05%, her monthly periodic interest rate is 1.58%, and her semiannually periodic interest rate is 9.5%.
APR stands for the annual percentage rate of an interest rate of a person. The periodic interest rate is the portion of an annual percentage rate based on a specified period such as daily, monthly, and semi-annually. The Periodic interest rate is calculated by dividing the APR by the specified period such as 365 for the daily period, 12 for the monthly period, and 2 for the semi-annual period.

3 0

3 years ago

In the following case, either a recessionary or inflationary gap exists. Assume that the aggregate supply curve is horizontal, s

KengaRu [80]

Answer:

This is a recessionary gap of $60 billion.

Simple multiplier = 1/ (1-.75) = 1/.25 = 4

The government would then have to increase its spending on goods and merchandise by total gap divided my simple multiplier.

$60 billion/ 4 = $15 billionTransfer multiplier - Each dollar of a Transfer payment will increase real GDP by Transfer Payment Multiplier

= MPC / (1-MPC) = 0.75 / (1-0.75) = 0.75/0.25 = $3

The government must increase spending on transfer payments by total gap divided by transfer payment multiplier = $60 billion / $3 = $20 billion

6 0

3 years ago

Why might the owner of a new technology business decide to incorporate her company as a corporation rather than operating as a s

Oksanka [162]

Answer:

Explanation:

B or C are the benefits of sole proprietorship,

D can be used by any organization,

so only A, raise capital by selling stock in company.

5 0

3 years ago

Read 2 more answers

The Global economy a. is trend that is fading quickly b.has only positive effects for United State c. has eliminated some jobs i

rodikova [14]

Its probably C. The other answers are highly unlikely.

5 0

3 years ago

Mr. West wishes to purchase a condominium for $240,000 in cash upon his retirement 10 years from now. How much should he deposit

Oduvanchick [21]

Answer:

He should deposit $1,744.37 at the end of each month.

Explanation:

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the of condominium = $240,000

M = Monthly payment = ?

r = monthly interest rate = 2.7% / 12 = 0.027 / 12 = 0.00225

n = number of months = 10 years * 12 months = 120

Substituting the values into equation (1) and solve for M, we have:

$240,000 = M * (((1 + 0.00225)^120 - 1) / 0.00225)

$240,000 = M * 137.585424499073

M = $240,000 / 137.585424499073

M = $1,744.37

Therefore, he should deposit $1,744.37 at the end of each month.

8 0

3 years ago