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Art [367]
3 years ago
6

Suppose you were living during the Great Depression. How might the events of that era have affected your future banking decision

s?
Business
1 answer:
Anastaziya [24]3 years ago
7 0

Many older individuals who lived through the Great Depression do not trust banks because there were "runs" on the bank where they did not have enough cash on had to facilitate customers who wanted to withdraw their money.

There may be a lingering distrust of the banking system as a result.

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Mr. Hopper expects to retire in 30 years, and he wishes to accumulate $1,000,000 in his retirement fund by that time. If the int
Karo-lina-s [1.5K]

Answer:

Annual deposit = $4100

Explanation:

Annual deposit = $4100

Number of years for retirement = 30 years

Future value of money = $1000000

Interest rate = 12%

Now use the below formula to find the annuity amount.

Annual deposit = Future value (A/F, r, n)

Annual deposit = 1000000 (A/F, 12%, 30)

Annual deposit = 1000000(0.0041)

Annual deposit = $4100

3 0
3 years ago
Jeremy is working on a spreadsheet which part of the information processing cycle will justify Jeremy’s use of the spreadsheet a
ycow [4]

Answer:

ill answer shortly just leaving it here os i dont forget about it    

Explanation:

5 0
3 years ago
Why is perceptiveness an important trait to have as an entrepreneur??????
Sergeeva-Olga [200]
It is important trait to have as an entrepreneur, because you have to have different perceptive's of the type of people you are selling to. As in you just can't have one persons point of view.
7 0
4 years ago
In Littleville, which has 1,000 residents, 400 people do not currently work. Of these 400 persons, 240 are under age 16, 10 are
marin [14]

Answer:

7.69%

Explanation:

The official unemployment rate includes people who do not have a job but are able to take a job and are currently seeking one.

People with part time jobs are considered employed.

Littleville has 1,000 residents, 600 are employed = 400 do not work but how many are considered unemployed:

400 - 240 (under age 16) - 10 (institutionalized) - 100 (are not looking for work, including students and homemakers) = 50 unemployed

Littleville's unemployment rate = number of unemployed / total labor force = 50 / (600 + 50) = 50 / 650 = 7.69%

6 0
3 years ago
An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of
PtichkaEL [24]

Answer:

C.

Explanation:

Satisficing is searching for and accepting something that is satisfactory rather than insisting on the perfect or optimal.

Managers tend to satisfice rather than optimize in considering and selecting alternatives.

Characteristics:

-accept good enough

-do not obsess over other opinions

-can move on after deciding

-happier with outcomes

4 0
3 years ago
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