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Alinara [238K]
3 years ago
8

A for-profit institution that works with the general public to open and manage savings accounts is known as a(n) _____. A. comme

rcial bank B. investment bank C. credit union D. savings bank
2b2t
Business
1 answer:
Svetradugi [14.3K]3 years ago
4 0

A for-profit institution that works with the general public to open and manage savings accounts is known as a(n) savings bank.

Answer: C. savings bank

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A commercial airline is registered in the United States. The airline transports paying passengers on a non-stop flight originati
luda_lava [24]
The answer is Third Freedom wich is a
7 0
3 years ago
Assess the benefits and drawbacks of the high-speed rail project. In your opinion, do benefits outweigh drawbacks, or vice versa
Andrews [41]

Answer:

The benefits of a High Speed Rail in California:

  • It becomes a feasible alternative to air travel, because it can be either cheaper, or even faster, since passengers do not have to spend as much time on a train station as they do on an airport.
  • If demand is high enough, state highways can become less congested, because many people who would otherwise travel by car, would take a high speed train instead.
  • Because the trains are electric, they are likely to help reduce pollution.

The cons would be:

  • We cannot know for sure how many people would take the high speed trains. Demand could not be high enough to justify the cost.
  • The line would be very costly.
  • It could end up benefit only a small section of the population who would take the trains, or who travel often.

I believe that the benefits outweigh the drawbacks, as can be seen in most countries where high speed lines have been made between large cities. For example, in Spain, the line between Madrid and Barcelona is profitable. The same would likely happen for a line between Los Angeles and San Francisco.

What are the implications of starting a project based on tenuous projections that may or may not come true 10 years from now?

If demand projections are tenous, there is always the possiblity that the high speed line could not be profitable. However, this risk can be lowered if the line is made between highly populated cities.

Could you justify the California high-speed rail project from the perspective of a massive public works initiative?

Yes, a high speed rail would be a project that could massively impact California. The benefits of its operation could outweight the cost.

In other words, what other factors enter into the decision of whether to pursue a high-speed rail project?

As I said before, the most important factor is to construct line between highly populated cities in order to reduce the risk of not having enough demand. It has been demonstrated around the world, in Spain, in Italy, in Japan, in China, that high speed lines that connect very populated regions, can be profitable.

7 0
3 years ago
Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point syste
GarryVolchara [31]

Answer:

Following is the solution for the given problem.

Explanation:

Best order size, EOQ =√2DS/H

EOQ = √2*4700*60/5

EOQ = 336 units.

D = 4700/300 = 15.66.

σ L= √∑σ²

= √3*(5)² = 8.66.

Reorder point, R = D*L+ z σ L

Reorder point, R = 15.66*3 + 1.282*8.66

Reorder point, R = 58 units.

4 0
3 years ago
How do businesses help a country's economy
Marianna [84]
It provides the added necessities we need.
7 0
3 years ago
Read 2 more answers
David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. If he's to
marshall27 [118]

Answer: (D) 5.90%

Explanation: David is going to buy a new car at $21,349.

The down payment is $3,000.

Loan amount (Present value) = $21,349 - $3,000

Loan amount (Present Value) = $18,349

Installment amount (pmt) = $352

As the payment is made monthly (12 months in a year),

Number of payments = 5 * 12

Number of payments = 60

Using the rate option in excel,

=rate(nper,pmt,-pv,fv,type)

Insert the variables into the option, we get

=rate(60,352,-18349)

By inserting the above formula in excel we get,

Rate = 0.47%

Rate of 0.47% is monthly, to get APR

APR = (1+monthly rate)^12 - 1

APR = (1+0.0047)^12 - 1

APR = (1.0047)^12 -1

APR = 1.0586 - 1

APR = 0.0586

APR = 5.86% or 5.90%

Therefore the correct option is 5.90%.



8 0
2 years ago
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