All categories

3 years ago

When selecting a savings account, you should look at the following factors except _____.

1 answer:

3 0

When you select a savings account, you should look at the following factors:

1) Bank of account. This is where you open your savings account. You need to know the reputation and performance of the bank. This way, you'll know if your savings will be well taken cared of.
2) Interest rate. The higher interest rate, the better
3) Location. Easier to open a savings account on the bank nearest to you.
4) Accessibility. Easier to contact the bank with your concerns either through a phone call or an online message.

You might be interested in

Written notice of an Investigative Report must be given within ______ advance notice before the report beings.

Tpy6a [65]

Answer:

3 days.

Explanation:

An Investigative report can be defined as a report prepared by a forensic expert or professional in the unraveling of a crime or issue.

Written notice of an Investigative Report must be given within 3 days advance notice before the report beings.

Basically, an investigative report is required or expected to give an insured person not more than 3 days advance written notice before the report will begin.

3 0

3 years ago

Each year a cash grant is given to a deserving college student. The grant consists of the interest earned that year on a $440,00

Harlamova29_29 [7]

Answer:

The cash award will be equal;l to $444422.01

Explanation:

We have given amount invested P = $440000

Rate of interest r = 8.3%

Time t = 1 year

As the amount is compounded on daily basis

We know that 1 year = 365 days

So rate of interest $r=\frac{1}{365}=0.00273$ %

Time period n = 365

We know that final amount is equal to $A=P(1+\frac{r}{100})^n$

So $A=440000(1+\frac{0.00273}{100})^{365}=444422.01$ $

So the cash award will be equal;l to $444422.01

6 0

3 years ago

Consider some determinants of the price elasticity of demand: • The availability of close substitutes• Whether the good is a nec

kondor19780726 [428]

Answer:

Inelastic demand, Amputation procedure

Explanation:

The good with no close substitute is likely to experience inelastic demand because the consumer does not any close substitute to change to, this means that even when price is increased, the consumer is not likely to stop buying if the good is a necessary good.

The Amputation procedure will have least elastic demand because the diabetes sufferer does not have close substitute to change to when price increase while Diamond necklace is a luxury good, when the price is increased the consumer stop buying or switch to other luxury goods such as gold, silver that are equally used for decoration purposes.

8 0

3 years ago

Which of the following could describe a point that lies on an input contract curve? a. An allocation of good X and good Y betwee

kiruha [24]

Answer:

An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box ( C )

Explanation:

A contract curve is a curve on which the various final allocations of two goods or service between two people are represented and this could be mutually beneficial as well. hence the best description of a point that lies on an input contract curve is An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box

3 0

3 years ago

Short Corp. reported net income of $63,000 for the year and had a tax rate of 30%. Net sales were $300,000 and Operating expense

Mekhanik [1.2K]

Answer:

Cost of goods sold : $ 120.000

Explanation:

income before taxes : 63000 / 0.7 = 90000

(+) expenses 90.000

Total 180.000

(-) net sales 300.000

= cost of goods 120.000

7 0

3 years ago