Savings account B offers a higher APY because monthly compounding gives a better return than quarterly compounding.
Savings account A: Quarterly compounding: APY = (1+0.02/4)^4 -1 = 2.015%
Savings account B : Monthly compounding: APY = (1+0.02/12)^12 -1 = 2.018%
As we can see, Savings account B with monthly compounding produces a slightly higher APY than A and hence is better than A
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Answer:
650
Explanation:
A call option is an option to buy a product or asset at a stated price at a later date. The risk of call option is capped at premium for buying the option. Wildwood corporation will incur cost of 650 to establish the bull money spreads with calls.
8.5 +4.5 = 13
13 * $50.00 = $650
Answer: subculture
Explanation:
The community is an example of subculture.
A subculture is a group of people within a culture that differentiates itself from the parent culture to which it belongs, often maintaining some of its founding principles. Subcultures develop their own norms and values regarding cultural, political and sexual matters.
subcultures might include hippies, Goths, fans of hip hop or heavy metal and even bikers.
Answer:
Diane may search the passenger compartment of the car and any place else in the car, including the trunk, without Tim's consent. ⇒ TRUE
Explanation:
The Fourth Amendment of the Constitution protects people against illegal searches, seizures and warrants, but there are exceptions to this amendment:
- consensual searches: if the person is OK with the police officer searching his/her belongings
- brief investigatory stops: when the police officer is suspicious about a crime being committed
- searches incident to a valid arrest: if the police officer is arresting someone, he/she is allowed to search him
- seizures of items in plain view: if property is in plain view, the police officer does not need a warrant. ⇒ this exception applies to this case.
