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Veronika [31]
2 years ago
6

Why is a savings account better than a checking account for saving money? Read More >>

Business
2 answers:
kotegsom [21]2 years ago
6 0

Answer:

A checking account is a type of bank deposit account that is designed for everyday money transactions. ... Savings accounts have higher interest rates than checking accounts, meaning it is better to let large sums of money (e.g., an emergency fund) sit in savings instead of checking.

Explanation:

Checking accounts are better for everyday transactions such as purchases, bill payments and ATM withdrawals. ... Savings accounts are better for storing money and earning interest, and because of that, you might have a monthly limit on what you can withdraw without paying a fee.

inessss [21]2 years ago
5 0

Answer:

So it is harder for you to spend the money.

Explanation:

If you had a checking account it will be easier to spend it. But if you had a Savings account you will not have a card you will actually have to go to the bank to spend the money.

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What are the characteristics of a public company​
S_A_V [24]

Answer:

Features of Public Limited Company:

Easy Transferability.

Perpetual Succession.

Limited Liability.

Paid-Up- Capital.

Name.

Directors.

Prospectus.

Borrowing capacity.

Explanation:

4 0
2 years ago
Rachel Johnson has net monthly income of $5,210. She has a monthly auto loan payment of $685, a student loan payment of $375, an
liq [111]

Answer:

Debt payments to income ratio = 22.74%

Explanation:

Debts payment to Income ratio is calculated as follows:

= \frac{Total\ debt\ payment}{Total\ Income}

We have total debts payment = auto loan payment $685 + student loan payment $375 + credit card payment $125 = $1,185

Total Income = $5,210

Note: Credit card is also a kind of debt as firstly all the expenses are met during the period and then the payment is made at the end of the period, therefore, there is a loan in the period. Therefore, it will be considered for payment of debt.

Debt payments to income ratio = \frac{1,185}{5,210} = 22.74

That means the debts are 22.74% of income.

5 0
3 years ago
Fox, Inc. manufactures and sells pens for $7 each. Walton Corp. has offered Fox, Inc. $3 per pen for a one-time order of 3,500 p
sasho [114]

Answer:

Operating income will rise by $7,500

Explanation:

If the Fox, Inc. can complete the order and it wouldn´t affect them inthe regular sales, they would just have to calculate the price of making each pen, which is one dollar per pen, with absorption costs, and then withdraw that from the income they will make for the sale:

3,500 pens at 3 dollars=10,500

We withdraw the 3,500 from making them:

10,500-3,500= 7,000

So the income will increase by $7,000 is they take the order.

8 0
3 years ago
The economic and population growth that many, though not all, humans have experienced over the past few decades may ultimately b
mixas84 [53]

Answer:

dwindling environmental resources

5 0
3 years ago
Billy’s babysitter takes him to the park every day where he can play with other preschoolers. When Billy falls or gets hurt, his
I am Lyosha [343]

Answer:

empathy and sympathy

Explanation:

According to my research on human growth development, I can say that based on the information provided within the question Billy's prosocial behavior is strongly related to his experience of empathy and sympathy. Psychologists believe that empathy and sympathy help individuals develop a sense of caring for other people by allowing them to understand how they are feeling and wanting to help.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
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