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3 years ago

What is a major difference between banks and credit unions?

1 answer:

7 0

The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees.

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Mention three factors that improve human capital.

7nadin3 [17]

Three ways to improve human capital are
education and training,
monitoring performance,
hiring qualified people.
Successful companies are those that understand the importance of managing and organizing the use of its human capital.

4 0

3 years ago

An investment will pay $202,000 at the end of next year for an investment of $182,000 at the start of the year. If the market in

lapo4ka [179]

Answer:

The first investment is more profitable than the general market interest rate.

Explanation:

Giving the following information:

An investment will pay $202,000 at the end of next year for an investment of $182,000 at the start of the year. The market interest rate is 7.9% over the same period.

To compare both options, we need to calculate the final value of investing the $182,000 in other investment that pays a 7.9% interest rate.

We need to use the following formula:

FV= PV*(1+i)^n

FV= 182,000*(1.079)= $196,378

The first investment is more profitable than the general market interest rate.

7 0

3 years ago

The generic types of competitive strategies include:

Vlada [557]

Answer:

The correct answer is D

Explanation:

GCS stands for Generic Competitive Strategy, which is a methodology designed or created in order to provide the companies or firm with the strategic plan so that to gain as well as complete the advantage within the market place.

There are 2 kinds or types of the generic strategies in order to achieve or accomplish the above average performance in the industry, those are focus, leadership, cost and differentiation.

So, the generic kind of competitive strategies comprise of broad differentiation, focused differentiation strategies, focused low-cost, low-cost provider and best-cost provider.

7 0

3 years ago

The following totals for the month of October were taken from the payroll register of the Tobias Company:

Brums [2.3K]

Answer:

Gross pay = $14,000

Net pay = $8,329

Explanation:

Particular Amount

Salary $14,000

Gross pay $14,000

Less: Federal income tax $3,500

Less: State income tax $1,100

Less: Social security tax $868

$14,000 x 6.20%

Less: Medicare tax $203

$14,000 x 1.45%

Net pay $8,329

7 0

4 years ago

Of someone has car liability insurance what damage would be covered for?

cluponka [151]

If someone has car liability insurance it only covers injuries or damages to third parties and their property, not to the driver or the driver's property.

8 0

3 years ago