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mart [117]
3 years ago
7

Anthony is deciding between different savings accounts at his bank. he has four options, based on how frequently interest compou

nds. which should he choose if he wants the best rate of return on his interest?
Business
2 answers:
marysya [2.9K]3 years ago
6 0

Answer:

I think the answer is D

Explanation:

vladimir1956 [14]3 years ago
3 0
Anthony should choose daily compounding as the best rate of return on his interest. Example, suppose Anthony deposits $1000 in a bank which pays 5% interest compounded daily, this means 365 times per year that his principal deposit was added by 5% interest.
You might be interested in
1. What types of interest groups are the ADA and the ACU? Why do you categorize them that way?
ArbitrLikvidat [17]
1.  The ADA is an American political organization advocating progressive policies. An“independent liberal lobbying organization.” The ACU is a “grassroots conservative lobbying <span>organization.”

</span>3.  ADA stands up for social and economic justice. They achieve success in doing so through <span>lobbying, grassroots organizing, research and supporting progressive candidates.

Numbers 1 and 2 are the questions I can only manage to answer, you can do a bit of research for the rest of the items.

I hope my answer has come to your help. Have a nice day ahead and may God bless you always!
</span>
8 0
3 years ago
On October 1, Vista View Company rented warehouse space to a tenant for $3,600 per month. The tenant paid five months' rent in a
Damm [24]

Answer:

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800

Credit Rent Revenue $10,800

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.

The tenant paid five months' rent in advance on October 1. From October 1 to December 31, Vista View Company had rented warehouse space to a tenant for 3 months.

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800  ($3,600 x 3 = $10,800)

Credit Rent Revenue $10,800

7 0
3 years ago
Which of the following statements about the insurance verification process is a FALSE statement? A) Directly affects payment del
Lorico [155]

Answer:

B

Explanation:

Insurance verification cannot be performed until the patient arrives for services

3 0
4 years ago
Disposable Income Consumption $300 $310 350 340 400 370 450 400 500 430 Refer to the above data. The marginal propensity to cons
alekssr [168]

Answer:

C.$460

Explanation:

6 0
3 years ago
One useful method of process improvement involves consideration of how another organization performs a process, identifying and
Sergio [31]

Answer:

a. benchmarking

Explanation:

Benchmarking is a management strategy that a  business uses to measure productivity, or set goals based on the industry's best practices. An organization applies the benchmarking approach to evaluate its quality, processes and procedures, and performance against that of other firms. An organization uses the benchmarking report to improve its operating and product standards.  

Benchmarking can be internal or external. Internal benchmarking involves comparisons between teams, departments, or individuals within an organization. External benchmarking is where a firm gauge its critical operations against those of its competitors or other similar companies.

7 0
3 years ago
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