If this question has the same set of choices like the other ones posted here, then the answer would be letter C. 529 plan- money you save.
A bank with a simple interest savings plan will automatically transfer money from your paycheck to your savings account, letting you save without any extra effort.
Simple interest allows your money to earn money, so you have to save less.
<h3>What Is Simple Interest?</h3>
Simple interest is a quick and easy method of calculating the interest charge on a loan.
Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
<h3>Where is simple interest used in real life?</h3>
Application of Simple Interest:
In our daily lives, sometimes, we come across a situation where we need to borrow money from a bank, post office or a moneylender for a specified period.
At the end of this period, we must pay back the money we had borrowed plus some additional money for using the lender's money.
Learn more about simple interest here:
<h3>
brainly.com/question/1325643</h3><h3 /><h3>#SPJ4</h3>
Answer:
b. competitive intelligence
Explanation:
<em>Competitive intelligence is the information a company collects about its rivals, business environment, and industry in order to analyze it to develop more effective business strategies.</em>
I hope you find this information useful and interesting! Good luck!
Answer:
Answer is option D, i.e. A statement that the benefits in the illustration are guaranteed.
Explanation:
The application of health insurance includes the name of the person insured, the page number that shows its relationship to the total number of pages in the illustration and the page number. However, during the time of the application process, the statement whether the benefits in the illustrations are guaranteed or not is not mentioned in the application form.
According to Alan Blinder, 11% of companies reported economies of scale. economies of scale mean the cost of production decreases with the increase in the production output. According to Alan Blinder monopoly companies and other big companies with huge production units enjoy economies of scale
Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.
This is an example of a natural monopoly. The most efficient number of companies is one. Further economies of scale arise when manufacturing complex products such as automobiles. The manufacturing process involves various complex steps.
There are two types of economies of scale: internal economies of scale and external economies of scale. Internal economies of scale are firm-specific or internally created, while external economies of scale arise from larger changes outside the firm. Both lead to a lower marginal cost of production, but the net effect is the same.
Learn more about economies of scale here: brainly.com/question/780900
#SPJ4
