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Rama09 [41]
3 years ago
7

Match each account type with its description. Tiles basic checking account interest-bearing checking account savings account mon

ey market deposit account Pairs pays higher interest than a savings account arrowBoth earns interest and allows unlimited ATM use arrowBoth does not earn interest and has a low minimum balance requirement arrowBoth restricts access to funds through withdrawals
Business
1 answer:
antiseptic1488 [7]3 years ago
4 0
Basic checking account = <span>Both does not earn interest and has a low minimum balance requirement; 
</span>interest-bearing checking account = <span>Both earns interest and allows unlimited ATM use;
</span>savings account = Both restricts access to funds through withdrawals;<span> 
money market deposit account = pays higher interest than a savings account;
</span>
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Contributions by a self-employed individual to a SEP plan for 2019 are limited to the lesser of a percent of net earned income o
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e.  $0

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3 years ago
James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four ti
Tanya [424]

Answer: Account A

Explanation:

Account A would be best for James as it provides the most value for the things he would like to do.

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  • He would pay an annual fee of $0
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3 0
2 years ago
The employees of Vintage Clothes achieved all of the sales goals for 2017. Vintage decides to reward the employees with a bonus
Elza [17]

Answer:

$52,000

Explanation:

Bonus is 20% on annual net​ income, after deducting the bonus.

Let the annual income after deducting bonus be g

Then,

Bonus = 20% of g

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Annual income before bonus = annual income after bonus + bonus

312,000 = g + 0.2g

g = 312000/1.2

g = $260,000

Bonus = 0.2g

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3 years ago
When do many companies expect to have a net loss
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Every quarter the company can expect a loss
8 0
3 years ago
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