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tiny-mole [99]
3 years ago
5

Tamara has $500 she is looking to save for a class trip. She wants to earn the most possible interest and will not need access t

o her money for a full year. Which type of savings account will be best for Tamara?
A
Business
2 answers:
Kay [80]3 years ago
7 0
She would have to save up to $6,000
SCORPION-xisa [38]3 years ago
7 0
Savings Account.
 
Hope this helped!
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4 years ago
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You purchased 200 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance ma
Helga [31]

Answer:

$35.71

Explanation:

The computation of the stock drop price is shown below:

Maintenance margin = Number of shares purchased × price - loan amount ÷  Number of shares purchased × price

30% = 200 shares × price - $5,000 ÷ 200 shares × price

30% × 200 shares × price = 200 shares × price - $5,000

60 × price = 200 shares × price - $5,000

After solving this, the price would be $35.71

And, the loan amount is equal to  

= Number of common stock shares purchased × per share value × initial margin

= 200 shares × $50 × 50%

= $5,000

4 0
3 years ago
Ways which business can overcome competition in the market environment​
AnnZ [28]
<h2><em>Ten ways to keep ahead of the competition</em></h2>

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<em>Know your customers. ...</em>

<em>Differentiate. ...</em>

<em>Step up your marketing. ...</em>

<em>Update your image. ...</em>

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3 0
3 years ago
Fergie has the choice between investing in a State of New York bond at 4.1 percent and a Surething Inc. bond at 6.8 percent. Ass
iragen [17]

Answer:

The state of New York should offer bonds at 4.76% to make indifference to purchase their bonds than Surething Inc.

Explanation:

the corporation has to pay income taxes while the State of New York do not pay for income taxes thus his yield is after-tax.

Surething Inc after tax rate:

pre-tax x (1 - tax-rate) =6.8% x ( 1 - 30%) = 0.068 x (1-0.30)  = 0.0476 = 4.76%

Currently the corporation bond yield a higher rate than the State of New york (4.76% against 4.10%)

7 0
3 years ago
The Jackson &amp; Jacinto Auto Repair Shop uses 510 gallons of oil every week, and it takes them 3 days to get more oil delivere
Lena [83]

Answer:

255 gallons

Explanation:

The level at Jackson & Jacinto Auto Repair should order more oil is the re-order point.

To calculate the re-order point, we require for Jackson and Jacinto.

Average daily usage

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The average daily usage for oil is 510 gallons divided by six working days

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They should re-order when they have a balance of 255 gallons

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