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kenny6666 [7]
3 years ago
12

Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a

month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account.Wilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur?  Account AAccount BAccount CAccount D

Business
2 answers:
Crazy boy [7]3 years ago
6 0

The answer is A) Account A for the question with this picture...

Misha Larkins [42]3 years ago
3 0

Answer:

Account A

Explanation:

In account A you can observe that the charge for overdrafting is $0 if he has a savings account with the same bank which he does, so the best option, for Wilbur, since he can maintain a minimum balance of at least $500 dollars and the fact that the overdrafting is free of charge since he has an account with the same bank, the best option would be that cause he is saving the money on the overdrafting. It is also free to withdraw money from any ATM and it will not charge him for the deposits since his employer deposits directly to his account.

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Disinflation can be explained by the phillips curve analysis as resulting from a situation where the actual rate of inflation is
lakkis [162]

According to the Phillips curve analysis, disinflation happens when the actual rate of inflation is initially lower than the expected rate, temporarily raising the unemployment rate. However, as nominal wages decline, the unemployment rate will fall to its natural level and the actual and expected rates of inflation will balance out.

Disinflation refers to occurrences where the inflation rate has temporarily slowed and is used to indicate situations where it has only slightly decreased. Disinflation refers to the rate of change in the rate of inflation, as opposed to inflation and deflation, which talk about the direction of prices.

To learn more about Disinflation here

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5 0
1 year ago
On December 31, 2015, Waterway Industries is in financial difficulty and cannot pay a note due that day. It is a $2900000 note w
iris [78.8K]

Answer:

(a) $210,000

(b) $351,500

Explanation:

(a) Given that,

Fair value of equipment = $1,440,000

Face Amount of the note = $1,230,000

Gain on sale:

= Fair value of equipment - Face Amount of the note

= $1,440,000 - $1,230,000

= $210,000

(b) Given that,

Accrued Interest Payable = $290,000

Interest rate = 5%

Gain on the partial settlement and restructure of the debt:

= Accrued Interest Payable + (Face amount of note × Interest rate)

= $290,000 + ($1,230,000 × 5%)

= $290,000 + $61,500

= $351,500

4 0
3 years ago
Define ATS and describe its use.. Why would large companies<br> use an ATS ?
elena55 [62]

Answer:

An applicant tracking system (ATS) is a human resources software that acts as a database for job applicants.

7 0
2 years ago
When the government levies taxes to subsidize the producers of corn-based sugar, the subsidies will?
Andreas93 [3]
I would say the subsidies for corn-based sugar will result in more of that sugar being produced and therefore sales should increase and the government should benefit by more tax revenue in the long run to offset the cost of the subsidies.
4 0
3 years ago
What is the status of Farbenia’s balance of trade?
Vinvika [58]

Answer:

Farbania has a negative trade balance with Russia, that is, a deficit of $100 million.

Explanation:

Given that the republic of Farbania has trade relations only with Russia, and in one year, Farbania imports $ 300 million worth of goods from Russia and sells $ 200 million worth of goods to Russia, to determine the balance of trade that this country has with Russia is must perform the following calculations:

Imports: -300,000,000

Exports: +200,000,000

-300,000,000 + 200,000,000 = X

-100,000,000 = X

Therefore, Farbania has a negative trade balance with Russia, that is, a deficit.

5 0
4 years ago
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