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sweet-ann [11.9K]
3 years ago
5

If you take out money from a CD before it reaches maturity you must A) pay the bank a penalty, typically three months' interest.

B) forget it. You cannot withdraw yany money until a CD matures. C) pay both the bank and IRS a penalty of three months' interest. D) pay the IRS a penalty, typically 10 percent of the account's value.
Business
2 answers:
kolezko [41]3 years ago
6 0

Answer:

A) pay the bank a penalty, typically three months' interest.

Explanation:

Most commercial banks and credit unions charge a premature withdrawal fee to individuals that cash out a CD before its maturity date. Generally the withdrawal fee equals 3 months worth of interest, but this is not a fixed rule, some banks may charge a lower fee or others a higher one.

For example, I have a CD in a commercial bank, and if I withdraw the money early (at least after 1 month of making the CD) it will not pay me any interest at all.

balu736 [363]3 years ago
3 0

Answer:

A

Explanation:

pay the bank a penalty, typically three months' interest.

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Midwest Corporation has provided the following data concerning manufacturing overhead for 2020:
SSSSS [86.1K]

Answer:

Estimated manufacturing overhead rate= $18 per direct labor hour

Explanation:

Giving the following information:

Estimated manufacturing overhead for the year $ 37,080

Estimated direct labor hours for the year 2,060

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 37,080/2,060

Estimated manufacturing overhead rate= $18 per direct labor hour

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The highest score is the best option upon concluding the multi-criteria analysis .

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<h3>What is a multi-criteria analysis' benefit?</h3>

Managers can make environmental management decisions that involve trade-offs between a variety of intended management action outcomes with the aid of multi-criteria analysis. Transparent decision modeling begins with clearly specified criteria and hierarchically arranged objectives (particularly when employing qualitative measures).

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1 year ago
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Answer:

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Explanation:

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So the buying or selling of stocks aren´t considered <em>real options</em> in business management.

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8 0
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Answer:

The correct answer is a.

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Have a nice day!

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