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Nana76 [90]
3 years ago
15

Connie Shockey wants to put funds in an account that does not offer checking privileges because she has a tendency to overspend.

Which of the following would fit her criteria?
a. NOW accountb. A DDA with overdraft protectionc. money market mutual fundd. money market deposit accounte. certificate of deposit
Business
1 answer:
vlada-n [284]3 years ago
8 0

Answer:

certificate of deposit.

Explanation:

A certificate of deposit is one that funds are deposited for a fixed period of time at a particular interest rate. Usually interest rate is determined by the amount being deposited.

Premature liquidation of the certificate of deposit attracts penalty.

This will be the ideal account for Connie Shockey since she does not want an account she can easily withdraw from.

The penalty charged on premature liquidation will serve as a deterrent of she wants to withdraw.

Certificate of deposit is a stable high yield form of investment that will give Connie good returns.

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you need to have $32000 in 7 years. you can earn an annual interest rate of 3 percent for the first 4 years, and 3.6 percent for
katrin2010 [14]

Answer:

$22,569.48 is amount i must have to deposit today

Explanation:

FV = Future Value , PV = Present Value , r = rate of interest , n= no of period

PV = FV / (1 + r )n

PV = 32000 / (1 + 3%)^4*(1+3.6%)^3

PV= $32,000/ (1 + 0.03)^4*(1+0.036%)^3

PV= $32,000/ (1.03)^4*(1.036%)^3

PV= $32,000/ (1.03)^4*(1.036)^3

PV= $32,000/ 1.12550881 * 1.111934656

PV= $32,000/ 1.251492251

PV = $22,569.47514

PV = $22,569.48

$22,569.48 is amount i must have to deposit today

8 0
3 years ago
It appears that kkr is willing to pay a lot more for rjr than the market value of rjr before the takeover contest. what are the
erastova [34]

The justification was that the superior financing of the KKR bid would require less gutting of the company to pay off debts

<h3>What is debts?</h3>

Debt is an obligation that requires one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.

Student loans, mortgages, and business loans are examples of "good" debt, which is defined as money owed for things that can help build wealth or increase income over time. "Bad" debt is defined as credit card or other consumer debt that does little to improve your financial situation. These are exaggerations.

In accounting, debt is classified as a liability. Debt can refer to a variety of different numbers on the balance sheet, ranging from wages payable to tax payable.

To know more about debts follow the link:

brainly.com/question/1957305

#SPJ4

5 0
1 year ago
A property is purchased for $200,000 with an 80 percent LTV. After five years, the owner's equity is $80,000. What would be the
sweet-ann [11.9K]

Answer:

14.57%

Explanation:

Data provided in the question:

Purchasing cost of the property = $200,000

LTV = 80%

Time, n = 5 years

owner's equity = $80,000

Now,

Loan amount = Purchasing cost × LTV

or

Loan amount = $200,000 × 80%

or

Loan amount = $160,000

Thus,

Annual EAHE = (\frac{\textup{Loan}}{\textup{Equity}})^{\frac{1}{n}}-1

or

Annual EAHE = (\frac{\textup{160,000}}{\textup{80,000}})^{\frac{1}{5}}-1

or

Annual EAHE = 0.1487

or

Annual EAHE = 0.1457 × 100% = 14.57%

7 0
3 years ago
which of the following best describes message flows? Multiple Choicea) message flows are continuous with each poolb) message flo
Law Incorporation [45]

Answer:

message flows are modeled with solid arrows

Explanation:

In Business Process Model and Notation (BPMN), message flows are used in the collaboration diagram to show how two or more distinct processes within the model, communicate and collaborate with each other without any form of central control.  

Dash lines together with an empty circle are used for the message flow to show where the message comes from and an empty arrow head is used to show where the message would be terminating in the model.  

3 0
3 years ago
Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent
Ilia_Sergeevich [38]

Answer:

0%

Explanation:

Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels

3 0
3 years ago
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