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3 years ago

Match each type of savings account with its features

Business

2 answers:

ExtremeBDS [4]3 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]3 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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Why is there an inherent conflict between planning and control uses of budgets?

IrinaVladis [17]

Answer:

The main conflict that results between planning and control use of budgets is that managers might place their own personal interests before the interests of the company. This might result in budgets that are easily achievable (resulting in bonuses) or shifting income from one period to another in order to achieve certain budgets that will result in bonuses.

I will use a real life example that happened to me to explain this. I worked as a B2B sales representative for a large corporation (we were only 2 B2B salespeople + 1 manager) and when sales were slowing down, upper management would set up bonuses for achieving certain sales goals. The problem was that intentionally certain large sales that required management's approval were delayed and total sales would fall. Then suddenly the bonus show sup and all the large sales were approved and in two weeks the sales goals were achieved. Since B2B sales are not about selling to a lot of customers, but instead selling to the right customers a lot of products, a couple of delayed big sales made a huge difference and a 1% bonus meant changing your old car for a new one.

3 0

3 years ago

When higher prices result in a lower quantity demanded, economists call this relationship: a. the law of quantity. b. the demand

Zanzabum

Answer:

d. the law of demand

Explanation:

One of the foundations of current economy, the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.

This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.

4 0

3 years ago

A business rents bicycles and in-line skates. Bicycle rentals cost $25 per day, and in-line skate rentals cost $20 per day. The

Alja [10]

Answer:

25 b+20 s=455...equation 1

b+s=20...equation 2, where b and s are the number of bicycle and in-line skate rentals per day.

b. The business had 11 bicycle rentals and 9 in-line skate rentals.

Explanation:

Step 1: Determine an equation for total revenue today

Since the business rents bicycles and in-line skates, the total revenue will be as a result of amount received in revenue from renting the bicycles and in-line skates. This can be expressed as shown;

T=(B×b)+(S×s)

where;

T=total revenue

B=bicycle rental cost per day

b=number of bicycles

S=in-line skate rental cost per day

s=number of in-line skates

In our case;

T=$455

B=$25 per day

b=unknown

S=$20 per day

s=unknown

Replacing;

(25×b)+(20×s)=455

25 b+20 s=455...equation 1

Step 2: Determine an equation for total rentals today

The equation for the total number of rentals is;

R=b+s

where;

R=total number of rentals today

b=number of bicycles

s=number of in-line skates

In our case;

R=20

b=unknown

s=unknown

Replacing;

b+s=20...equation 2

Step 3: Combine equation 1 and 2 ans solve simultaneously

1(25 b+20 s=455), multiplying equation 1 by 1=25 b+20 s=455

20(b+s=20), multiply equation 2 by 20=20 b+20 s=400

25 b+20 s=455

20 b+20 s=400

5 b+0 s=55

(5 b)/5=55/5=11

b=11, replace the value for b in equation 2 and solve;

(20×11)+20 s=400

220+20 s=400

20 s=400-220=180

20 s=180

s=(180/20)=9

The business had 11 bicycle rentals and 9 in-line skate rentals.

8 0

3 years ago

Software designed for real estate agents is an example of ________ software. project management vertical market general business

leva [86]

Software designed for real estate agents is an example of vertical market software. The vertical market software is type of software focused on specific industry or market and their needs.
Horizontal market software on the other hand can be used in a wide array of industries.

8 0

3 years ago

Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared?

DedPeter [7]

Answer:

The reason to prepare the consolidation worksheet is to maintain the record of what is finally entered in the books to record the transactions in between the holding and subsidiary.

This basically thus, requires the elimination of all the assets and liabilities of the subsidiary, and creation of such assets and liabilities into the balances of the holding(parent) company. In this manner the elimination is necessary to record.

So that there is no error in the form of multiple record of assets and liabilities, or in the form of no record of assets and liabilities of the subsidiary.

8 0

4 years ago