3 years ago

Why are checking accounts called demand deposits

1 answer:

6 0

Answer:

A checking account and savings account also called demand deposits because they are accessible at any time via teller, ATM, or online banking hence on demand.

Explanation:

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Expectancy theory suggests that managers must recognize employees work for a variety of reasons, these reasons may change over t

lana66690 [7]

TRUE

Explanation:

Managers appoint employees because they are able to produce work.
It is mandatory for a manager to keep recognition because task..
It could be monotonous,hard and the learning curve of this employee.
Existing employee can complete the task much faster, new ones.
Manager has to give champions of the month,spot award, golden.
Award it gives the employee that exponential boost and happiness.
Those things can change over time depending on the business.
If Manager in a particular business doesn't require recognition.
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4 years ago

Four effects of financial irresponsibility

gladu [14]

Effect 1: Your money will plummet down
Effect 2: you won't have much to invest to help you get back economically
Effect 3: Your business with foreclose
Effect 4: Your house bills won't be paid because your business was closed.

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4 years ago

5-16 PRESENT VALUE OF A PERPETUITY What is the present value of a $600 perpetuity if the interest rate is 5%

Pachacha [2.7K]

Answer:

A. 571.423

B .545.45

Explanation:

A. Calculation for the present value of a perpetuity

Present Value = $600*1 /(1+.05)

Present Value = $600*1 /1.05

Present Value =571.423

Therefore the Present value of a $600 perpetuity if the interest rate is 5 % will be 571.423

B. Calculation for the present value if thr interest rate doubled to 10%,

Present Value = $600 /(1+.01)

Present Value = $600/1.01

Present Value =545.45

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3 years ago

A company estimates that an average-risk project has a wacc of 10 percent, a below-average risk roject has a cost of capital of

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Answer:

I feel so bad for you i don't have that work yet

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3 years ago

Jordan wants to know how long it will take for the money she deposited to double. She has an interest rate of 4 percent. Calcula

alexdok [17]

<span>4% X 18 (years) = 72.
Therefore, the investment will double in 18 years.</span>

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3 years ago

Read 2 more answers