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Fed [463]
2 years ago
5

Assume Brad has a choice between two deposit accounts. Account WH has an annual percentage rate of​ 7.35% with interest compound

ed continuously. Account MW has an annual percentage rate of​ 7.45% with interest compounded monthly. Which account provides the highest effective annual​ return?
Business
1 answer:
inessss [21]2 years ago
8 0

Answer: Account MW which compounds monthly provides a higher effective rate at 7.71%

Explanation:

Use the Effective Interest rate formula to see which offers the higher return.

Account WH;

Compounded continuously;

= e^(interest rate) - 1

= e^7.35% - 1

= 7.63%

Account MW

Compounded per month

= (( 1 + interest / compounding period) ^ period) - 1

=  (( 1 + 7.45%/12) ^ 12) -1

= 7.71%

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<h3 /><h3>Block grants</h3>

Block grants are federal funds earmarked for specific state or local programs. A block grant is supported by federal funds but administered by state or local governments. Most block grants support the following:

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In conclusion, we can conclude that the correct answer is block grants.

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1 year ago
Why is management is inexact​
Alex

Answer:

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Explanation:

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2 years ago
A seller buys an item from a manufacturer for $100 and sells it to a customer for $120. What term describes this extra $20?
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7 0
3 years ago
When analyzing segment attractiveness, one of the three factors to consider is the segment’s strategic fit to the company’s
irina1246 [14]

This statement is true. When analyzing segment attractiveness, one of the three factors to consider is the segment's strategic fit to the company's goals.

What are the 3 factors to consider market segment?

A corporation should consider three elements when assessing various market segments: segment size and growth, segment structural attractiveness, and corporate goals and resources.

What is market segmentation and why is it important?

Market segmentation is the strategy of dividing a targeted audience into smaller groups based on shared characteristics like priorities, values, and behavior as well as elements like age, gender, or region. This is an essential step in creating a marketing strategy since it enables you to precisely determine consumers' buying habits.

What are the 4 main market segments?

Although the four primary categories of market segmentation are thought to be geographic, demographic, psychographic, and behavioral, there are many more approaches you can take, as well as many variants on the four primary types. You might want to investigate the following other techniques.

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7 0
1 year ago
Which of the following actions should the customer support manager take to best motivate these employees? Share trends in averag
Evgesh-ka [11]

Answer: Place a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes.

Explanation:

Good emotional display go a long way in encouraging people who work for an organization and it in turn reflects on how well they would treat the customer's. Employees are further encouraged when they are not under excessive pressure by either employer or the customer's but are rather given an environment void of worries, it helps them respond well and carefully. The customer support manager placing a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes sends a relief message to the employees to carry out their work with ease.

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