Answer:
A statement savings account can be drawn upon any time the customer requires cash (on demand). The customer can also deposit cash into the account at any time. The interest rate payable on the deposits is not fixed but fluctuates. A statement savings account is opened for a life-time and there is no fixed time for the deposits to stay.
The duration for which the Certificates of Deposit will be saved is fixed. A customer is not freely allowed to withdraw and deposit into the account. The customer withdraws at maturity. The interest rate is fixed and cannot be altered.
1. Both
2. Statement Savings Account
3. Certificate of Deposit
4. Certificate of Deposit
5. Statement Savings Account
Explanation:
A statement (or passbook) savings account is an ordinary savings account opened in a bank for depositing and withdrawing money regularly as needed by the customer.
A Certificate of Deposit (CD) is a fixed-term duration savings account, which is opened in a bank to enable the customer deposit some fixed amount that will not be withdrawn regularly by the customer until the maturity date. CDs are called time deposits because of the fixed time the deposits must stay.
Using a program. I'm a beginner in programming and even I can create a program like that so they can hire a firm or individual to create that program for them.
Answer:
This allows WeBuy&Sell.com to earn high profits at a very low cost. According to the given scenario, WeBuy&Sell.com has high scalability.
Explanation:
In an economic context, a scalable business model implies that a company can increase sales given increased resources.
Answer:
Fees-the additional costs a lender charged for processing a loan
Principal-The amount initially borrowed from a lender
Taxes-payments homeowners are required to make each year to the government
Down payment- the amount a borrower needs to have on hand to obtain a mortgage
Explanation:
Answer:
The correct answer is letter "D": firms prefer debt to equity when external financing is required.
Explanation:
According to the Pecking Order Theory, managers rely on three sources from where to obtain resources at the moment of investing. The order they select to choose between one or another is <em>retained earnings, debt, </em>and <em>equity financing at last</em>. This approach was spread by American Economy Professor <em>Stewart Myers</em> (born in 1940) and Chilean consultant <em>Nicolas Majluf</em> (born in 1945).
Therefore, <em>debt is preferred to equity at the moment of financing the company's projects.</em>