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fenix001 [56]
4 years ago
15

What is one advantage of keeping your money in a savings account

Business
1 answer:
balu736 [363]4 years ago
4 0

The advantage of keeping your money in a savings account is that you can withdraw money whenever you want from your account.

<u>Explanation:</u>

Unlike the long term investments which are withdrawn only upon maturity.

The initial investment is also very low which is depending on the type of savings account., as compared to the long term investment.

People who need to frequently deposit or withdraw amount in their bank accounts prefers savings account.

It also deals with small amount withdrawn or deposit.

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__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig
Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0
4 years ago
Economic growth is __________.
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3 years ago
Which account is credited when a job is completed? finished goods inventory. sales revenue. cost of goods sold. work in process
Firdavs [7]

Answer:

sales revenue. We are going to debit profit and loss too for cost of labor if need arises.

3 0
4 years ago
Give three reasons why food is processed.​
lubasha [3.4K]

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3 0
3 years ago
Godart Co. issued $4.5mn notes payable as a scrip dividend that matured in five years. At maturity, each shareholder of Godart's
Ghella [55]

Answer:

$6,750,000

Explanation:

Since it is stated in the question that the 3mn shares will be paid the principal and interest at maturity, and it is not stated the note is compounded, we apply the following simple calculation:

Amount to pay = $4,500,000 + [($4,500,000 × 10%) × 5 years]

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Amount to pay = $6,750,000

Therefore, the amount should be paid to the stockholders at the end of the fifth year is $6,750,000.

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