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olga nikolaevna [1]
3 years ago
14

Why might a customer prefer to put money into a savings account Instead of a checking

Business
2 answers:
valentina_108 [34]3 years ago
5 0
I agree the answer is A
Helga [31]3 years ago
4 0
A. A savings account pays more interest on the deposited money.
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Quebec's cross-border linkages to the u.s. are most strongly developed with the state of:
Gnesinka [82]
<span>Maine, Quebec and New Brunswick all share about 611 miles of borderline territory. Between the three states, there are 24 border line crossings that can be used to go from Maine into either Canadian province. Some of these border lines are very heavily used traffic lanes that allow access to various other Canadian countries.</span>
8 0
3 years ago
Framing Art Inc. will need to purchase two new cashier machines in 2 years, at a cost of $148 each. A savings account pays 2% pe
Oksana_A [137]

Answer:

Farming Art Inc. should deposit $284.42

Explanation:

Giving the following information:

Framing Art Inc. will need to purchase two new cashier machines in 2 years, for $148 each. A savings account pays 2% per year compounded quarterly.

Total cost=148*2= $296

To calculate the monetary value to deposit today, we need to use the following formula:

PV= FV/(1+i)^n

FV= 296

i= 0.02/4= 0.005

n=2*4= 8

PV= 296/1.005^8= $284.42

6 0
3 years ago
Ali buys a new pair of shoes at a shoe store. to which of the arrows does this transaction directly contribute?
prisoha [69]

Answer;

Firms --> Market For Goods and Services --> Households

Explanation;

In product markets, business firms supply and sell goods and services while households demand and buy them.  Households supply and sell factors of production, such as labor, while business firms demand and buy them.

In a market economy households provide resources and labor and purchase goods and services while firms provide goods and services and purchase resources and labor. The goal of firms in a market economy is to maximize their profits. This can best be achieved by minimizing costs in the resource market and maximizing revenues in the product market.



6 0
3 years ago
Which of the following is not a benefit of contributing to a retirement account
Naily [24]

Answer:

D.

Explanation:

8 0
3 years ago
Read 2 more answers
If there is an increase in market demand in a perfectly competitive market, then in the short run
katovenus [111]

Answer:

The correct answer is option d.

Explanation:

An increase in the market demand will cause the market demand curve to move to the right. This rightward shift in the demand curve will lead to an increase in the market price.

This increase in market price will cause the individual demand curves to move upwards. As the price increases, the profits earned by the firms will increase as well.

Profit to a firm is the difference between its total revenue and total cost, as the price increases, revenue will increase and cost will remain the same. This will cause profits to increase.

7 0
3 years ago
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