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vredina [299]
4 years ago
12

Checking account a charges a monthly fee of $10 and a per-check fee of $0.10, and checking account b charges a monthly fee of $1

2 and a per-check fee of $0.05. how many checks would a person have to write for the two accounts to cost the same?
Business
1 answer:
igor_vitrenko [27]4 years ago
8 0

The answer is 40 Apex

You might be interested in
Felice bought a duplex apartment at a cost of $235,000. Her mortgage payments on the property are $1,510 per month, $803 of whic
BartSMP [9]

Answer:

$1,032

Explanation:

Calculation to determine What monthly rent must she charge for each apartment to break even

First step is to calculate the Monthly costs using this formula

Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs

Let plug in the formula

Monthly costs=$1,510 + ($2,304 / 12) + ($1,452 / 12) + [2 ×($1,446 /12)]

Monthly costs= $1,510 + 192+ 121 + 241

Monthly costs= $2,064

Now let calculate the Break-even monthly rent per apartment

Using this formula

Break-even monthly rent per apartment = Monthly costs / 2

Let plug in the formula

Break-even monthly rent per apartment = $2,064 / 2

Break-even monthly rent per apartment = $1,032

Therefore What monthly rent must she charge for each apartment to break even will be $1,032

3 0
3 years ago
Which statement BEST argues that stock markets can be good for society?
artcher [175]

The  statement that BEST argues that stock markets can be good for society is: C. The stock market allows individuals to invest more money.

<h3>What is stock market?</h3>

Stock market can be defined as the market in which stock transaction is carried out based on the fact that the market is use for the buying and selling of stock.

Stock market makes it possible for investor to invest their money so as to generate more money.

Therefore the correct option is C.

Learn more about stock market here: brainly.com/question/690070

#SPJ1

6 0
2 years ago
What refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by compani
Elodia [21]

Answer:

circulation audit

Explanation:

A circulation audit is a term that describes a distinct form of audit which validates publisher's real printing and distribution, and at the same time, verifies publisher's books, records, and documents relating to circulation.

In other words, it is considered as a standardized, authoritative statement of a publication's printing, distribution, and readership.

Hence, CIRCULATION AUDIT refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by companies such as ABC

4 0
3 years ago
Mr. Hopper expects to retire in 30 years, and he wishes to accumulate $1,000,000 in his retirement fund by that time. If the int
larisa86 [58]

Answer:

Annual payment = $4,143.66 (Approx)

Explanation:

Given:

P = $1,000,000

r = 12% = 0.12

n = 30

Find:

Annual payment

Computation:

Annual\ payment=P[\frac{(1+r)^n-1}{r} ] \\\\Annual\ payment=1,000,000[\frac{(1+0.12)^{30}-1}{0.12} ] \\\\ Annual\ payment=4143.66

Annual payment = $4,143.66 (Approx)

7 0
3 years ago
Define a stock market bubble, explain what causes a bubble, and describe what happens after a bubble
Brilliant_brown [7]

Stock market bubble means the increase in price of the shares traded and which falls after a point.

<u>Explanation:</u>

The bubble in the stock market is caused by the quick rise in the price in a very small period of time. The price starts falling which will be a stock market bubble burst after a significant rise in price to a value below the starting price.

The bubble takes place when the investors overestimate the share or misjudge the future of that industry. Stock market bubble affects the entire share markets or any one particular industry.

8 0
3 years ago
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