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4vir4ik [10]
3 years ago
5

Economists group commercial​ banks, savings and loan​ associations, credit​ unions, mutual​ funds, mutual savings​ banks, insura

nce​ companies, pension​ funds, and finance companies together under the heading financial intermediaries. What function do financial intermediaries​ perform?
Business
1 answer:
exis [7]3 years ago
4 0

Answer:

Financial intermediaries act as a medium between agent with surplus funds and agents in need of funds.

Explanation:

Financial intermediaries are a type of financial institutions. They perform a number of important functions for the financial market and the economy as a whole. Examples of financial intermediaries are commercial banks, mutual funds, pension funds, etc.  

The main function of financial intermediaries is to connect borrowers and lenders. They ensure the flow of funds from surplus areas to deficit areas. Indirectly, they help in economic growth as they provide funds for investment.

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During 2015, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase t
Kaylis [27]

Answer:

Cost of Good Sold Using Fifo $40,570

Ending inventory using Fifo $3,600

Ending inventory Using Specific Identification can not be calculated as the total sales (555) exceeds the available inventory (510)  

Explanation:

8 0
3 years ago
Most loans are paid back in __________ installments. a. daily b. weekly c. monthly d. yearly.
eduard
Pretty sure it’s C monthly
6 0
2 years ago
One of the basic premises in finance is that when the risk of an investment is high, the rate of return required by the investor
Aleks04 [339]

Answer:

A. High

Explanation:

When an investment is considered risky, investors would demand a high rate of return as compensation for holding a risky investment.

The required rate of return is usually higher than the short term t bills rate.

I hope my answer helps you.

5 0
3 years ago
Difference between qualified and ordinary dividends
DedPeter [7]

Answer:

A qualified dividend is taxed at the capital gains tax rate and ordinary dividends are taxed at standard federal income tax rates. Qualified dividends must meet special requirements put in place by the IRS.

Explanation:

4 0
2 years ago
Naomi plans on saving $3,000 a year and expects to earn an annual rate of 10.25 percent. How much will she have in her account a
Gre4nikov [31]

D. $2,333,572

To find the future value of annuity ordinary the formula is

Fv=pmt [(1+r)^(n)-1)÷r]

Fv future value?

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R interest rate 0.1025

N time 45 years

So

Fv=3,000×(((1+0.1025)^(45)−1) ÷(0.1025))=

<h2><u>$2,333,571.66 </u></h2>

Good luck!

7 0
3 years ago
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