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KatRina [158]
3 years ago
14

A variety of different savings products are offered by financial institutions. Two of the most frequently sold savings investmen

ts are statement (or passbook) savings accounts and certificates of deposit (CDs). How do they differ?
Business
1 answer:
nadya68 [22]3 years ago
3 0

Answer:

Statement Savings Account is said to be a deposit account held by a bank where a customer can earn interest .

In Statement Savings Account, the interest will be relatively low and there may be a possibility of restricted number of withdrawals.

In Statement Savings Account, the interest rate gained can either increase or decline overtime while putting into consideration the interests rate set by the federal reserve.

In Statement Savings Account,  a good number of this said savings investment offers debit cards which allows a customer to withdraw money via an ATM Machine or through electronic transfer.

In Statement Savings Account, there may be restrictions as regards the minimum account balance.

while

  • In Certificates of Deposit, there is a strict requirement of meeting a minimum account and not being able to execute withdrawals from the said account for a given duration.
  • In Certificates of Deposit, there is a significantly higher interest rate that that of a savings account.
  • In Certificates of Deposit, a penalty is put in place for initiating withdrawals prior maturity.
  • In Certificates of Deposit, one is allowed to carry out withdrawals or roll the funds into a another certificate of deposit once the certificate of deposit term is completed.
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• One firm to have left.

• At least one will be suffering.

Explanation:

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With demand at only 2.5 times, at least one company will not be selling enough cars to survive in the industry so they will exist.

Another one will stay but will face tough times because a demand of 2.5 times production will not be enough to Carter or three companies.

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"how would the distribution of income change if social security were privatized?"
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You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and
jeka57 [31]

Answer:

b. mentor

Explanation:

Based on the information provided within the question it seems that you are acting as a mentor to the junior employees and the president has seen this. A mentor is a person who has vast experience in a field and acts as a guide and role model for those under his command. Which is why the junior employees gravitate towards you, because being the senior manager means you have years of experience and have a lot to teach them.

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7 0
3 years ago
A customer opens a new margin account with the following position:
galben [10]

Answer:

$1,000

Explanation:

The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50

If the market value rises to $22,000, the account will show

Long market value - Debit = Equity % SMA

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Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA

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