1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sveticcg [70]
3 years ago
6

The three main types of banks (Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology,

convenience, personal experience, fees and savings rates. For this question, put aside all of the trade-offs and look only at savings rate offered on savings accounts. Rank the following from highest to lowest on the interest rates they offer to consumers on savings accounts.
A.) Online Bank, Credit Union, Traditional Bank
B.) Credit Union, Traditional Bank, Online Bank
C.) Credit Union, Online Bank, Traditional Bank
D.) Traditional Bank, Credit Union, Online Bank
Business
1 answer:
Fudgin [204]3 years ago
6 0
I think this order is the most appropriate C.) Credit Union, Online Bank, Traditional Bank. I'm pretty sure it's correct.
You might be interested in
When paying your bills, it is most financially beneficial to make larger payments to:___________.
gulaghasi [49]

Answer:

to those outstanding payments which have highest interest rates.

Explanation:

If we pay and settle more outstanding bills now which have high interest rates it will save us from interest which will be charged in future for delayed payment as it will by multiplied by number of days or months for which it has been delayed.

So if we are not paying high interest outstanding bills it will cost us more in future by high interest amount added to the bill amount.

8 0
3 years ago
Imagine that you are a management coach and one of your clients, a new manager, says, "I’ve heard that about two thirds of manag
Schach [20]

Answer:

I think 1 and 3

Explanation:

8 0
3 years ago
Santino bought a book for $23.54 the price of the book was $22. what was the sales tax rate
notka56 [123]
Hi there! The answer is 7%

The price of the book is $ 22.
Santino bought it for $ 23.54.
Therefore, the amount of tax is $ 1.54

Now we can find the sales tax rate by using the following formula:
tax \: rate = \frac{tax}{price \: excluding \: tax} \times 100\%

Filling in gives:
tax \: rate \: = \frac{1.54}{22} \times 100\% = 7\%
3 0
3 years ago
A new investment opportunity for you is an annuity that pays $550 at the beginning of each year for 3 years. You could earn 5.5%
faltersainse [42]

Answer:

$1,565.48

Explanation:

This is an annuity due type of question since the recurring payments are made at the beginning of each year unlike Ordinary annuity whose payments occur at the end of each period.

With a financial calculator on beginning mode "BGN", use the following inputs to find the PV;

Total duration of investment; N = 3

Recurring payment; PMT = 550

Interest rate; I/Y = 5.5%

One time cashflows; FV = 0

then compute for Present value ; CPT PV = 1,565.476

Therefore, the most you should pay is $1,565.48

6 0
3 years ago
This activity is important because as a manager, you should know how compensation methods are related to motivation theories. Co
kompoz [17]

Answer:

A. Merit Pay - 2. Equity Theory

B. Gain sharing 3. Goal-setting Theory: Unit-Focused

C. Piece-Rate Systems 4. Goal-setting Theory: Individual-Focused

D. Recognition Awards 1. Expectancy Theory Instrumentality

E. Lump-Sum Bonuses 5. Extrinsic Motivation

Explanation:

Employee motivation is dependent on many factors. A person may be motivated just if his work is appreciated. He feels that his work is appreciated and for this reason he is motivated to perform better. Some people consider pay rise or monetary rewards as their motivation factor. Some people finds more authority as their motivating factor. They feel motivated if they are given more challenging work and more authority.

8 0
3 years ago
Other questions:
  • For individuals and firms to focus on sustainability, it is crucial that they reject the model of maximization of
    6·1 answer
  • Dr. han is examining the impact of parental separation on student academic performance. she defines parental separation as no co
    5·1 answer
  • Cady files an employment discrimination suit against Durable Goods Corporation under the Civil Rights Act. If Cady shows that Du
    13·1 answer
  • Mostert Music Company had the following transactions in March: Sold music lessons to customers for $12,050; received $6,650 in c
    8·1 answer
  • Republic Industries decides to price delivery services according to the results of a recent activity-based costing (ABC) study.
    13·1 answer
  • The typical measurement of hotel demand is the room night (RN). When we say that each room night is perishable , we mean that on
    14·1 answer
  • Prior to adjustment at August 31, Salaries Expense has a debit balance of $272,650. Salaries owed but not paid as of the same da
    10·1 answer
  • Jasper makes a $31,000, 90-day, 6.5% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is:__
    7·1 answer
  • A study by Great Places to Work, a research and consulting firm, highlights the benefits of breaking down boundaries to get all
    6·1 answer
  • How would one establish a petty cash fund for $500?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!