1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
snow_tiger [21]
3 years ago
10

When you open a savings account, how much money do you need for the initial deposit? A: Usually, the minimum deposit is low or n

one at all. B: No minimum deposit is required.
Business
2 answers:
const2013 [10]3 years ago
8 0
I would choose A, it all depends where you open a savings account
grin007 [14]3 years ago
4 0
A would be the answer since Banks would usually have a required minimum amount of money that you must deposit into your new savings account so that it can be operational and earn interest as well. The interest earned on the deposit in your savings account will depend on the location of the bank, e.g. is the bank in USA or Canada, as USA may have a different interest rate than Canada. The minimum amount you have to deposit will be determined most likely by your respective bank, e.g. Bank of America may have a different initial deposit requirement than CHASE Bank.
You might be interested in
How does open book management benefit employees?
lutik1710 [3]

Answer: It helps your employees do their job better.

Explanation: Not only that but it will help all people who work there, know what the job is about and know the full meaning and whole of what it is. I hope this helps!

5 0
2 years ago
13. Which of the following is NOT used to describe the state of an economy?
Anni [7]

Answer:C.TINSTAAFL Rating

Explanation:

7 0
3 years ago
A principle of the human relation approach is that .
AfilCa [17]
The basic principles of human relations approach are :- Human beings are not interested only in financial gains. They also need recognition and appreciation. Workers are human beings. So they must be treated like human beings and not like machines.
5 0
3 years ago
Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectivel
hjlf

Answer:

$48,800

Explanation:

Ratio = 2:3

Total investment:

= Benson capital + Orton capital + Ramsey capital

= $60,000 + $40,000 + $20,000

= $120,000

Total Equity of Ramsey:

= 40% of  Total investment

= 0.4 × $120,000

= $48,000

Old partners contribution:

= Equity of Ramsey - Ramsey capital

= $48,000 - $20,000

= $28,000

Benson’s capital balance after admitting Ramsey:

= Benson’s capital - Old partners contribution(2 ÷ 5)

= $60,000 - [$28,000 × (2 ÷ 5)]

= $60,000 - $11,200

= $48,800

6 0
2 years ago
When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off.
blondinia [14]
It is true because a country that imports a tariff on shoes buyers of shoes in that country don’t do well so the answer would be True
7 0
2 years ago
Other questions:
  • Smith operates a roof repair business. This year Smith's business generated cash receipts of $32,000 and Smith made the followin
    11·1 answer
  • Would you use Real GDP or Nominal GDP to accurately calculate growth in 2011? Explain in three to four sentences.
    9·1 answer
  • Suppose the price of Twinkies is reduced from $1.45 to $1.25 and, as a result, the quantity of Twinkies demanded increases from
    10·2 answers
  • Dash Company adopted a standard costing system several years ago. The standard costs for the prime costs (i.e., direct materials
    13·1 answer
  • 2. Which of the following is NOT considered as a characteristic of an entrepreneur?
    7·1 answer
  • If you see potential conflict you should
    7·1 answer
  • Which of the following purposes non-potable water used for
    15·1 answer
  • The capital gains yield equals _________
    10·1 answer
  • At Backstreet Books, Inc., the department manager uses a hand-held scanner to determine the quantity of each best seller the boo
    11·1 answer
  • Answer please I need help
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!