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2 years ago

Match each type of savings account with its features

Business

2 answers:

ExtremeBDS [4]2 years ago

8 0

Stock-rises and falls with market
youth-schools often sponsor it
NOT SURE ABOUT THESE LAST 2
Credit Union account-members own it
online-minimal overhead = high interest rate

bezimeni [28]2 years ago

3 0

Answer:

Youth savings - schools often sponsor it

Most schools sponsor youth savings accounts by having them sign up while at school to avoid different charges. They usually have the students 'work' these transactions with the assistance of a credit union at school so students can learn how they are run.

Stock-indexed CD - rate rises and falls with the market

An indexed certificate of deposit (CD) is a savings account where the rate of return fluctuates with the up and down of the stock market. Depending on how the stock market is doing will determine the interest earned on the CD.

Credit Union - members own it

A Credit Union is a member-owned financial cooperative controlled by its members. When you are a member, you are being provided competitive rates and services for being apart of the Credit Union.

Online Account - minimal overhead means higher interest

Most online only savings account have higher interest rates because they have less overhead to pay for labor. These savings accounts do not require people to need a branch to go into or representatives available often.

Please crown brainliest, hope this helps! :>

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2 years ago

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2 years ago

What is a downside of receiving a tax refund?

Dmitry [639]

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It's a free loan to the government.

Explanation:

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2 years ago

A product that sells today for $150 per unit is expected to escalate in price by 6% in year one, 8% in year two and 10% in year

saveliy_v [14]

Answer:

selling price at year 3: $ 188.89

at constant dollar year 3: $ 167.94

Explanation:

selling price x accumualte raises:

$150 \times (1+0.06) \times (1+0.08) \times (1+0.10)$

$150 \times 1,25928‬$

selling price: 188,892

now, to calculate the constante dollar we discount for inflation:

$188.892 \div ((1+0.03) \times (1+0.04) \times (1+0.05))$

$188.892 \div 1,12476‬$

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3 years ago

Evans Products uses a process costing system with two processing departments: the Mixing Department and the Finishing Department

avanturin [10]

Answer:

d. A debit to Work-in-Process Inventory, Finishing Department of $140,000.

Explanation:

Cost of unit transferred = $4 x 35,000 = $140,000

Cost incurred by mixing department is $4 which so the transfer of cost from mixing department to finishing department will be $140,000 for 35000 units. This cost will be recorded in the work in process inventory account of finishing department. As we know that WIP account has debit nature so same entry will be done to record an expense incurred in mixing department.

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3 years ago