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
notka56 [123]
3 years ago
13

Why might Juan choose a traditional savings account over other more aggressive savings plans?

Business
1 answer:
aniked [119]3 years ago
3 0

Answer:

He needs to be able to withdraw funds at any time.

Explanation:

Juan might choose a traditional savings account over other more aggressive savings plans because a savings account allows him to deposit his money and receives an interest and his money is available for withdrawal at any time he needs it but other more aggressive savings plans that probably would pay higher interest rates don't allow to withdraw the funds for a period of time. Because of this, the answer is that he needs to be able to withdraw funds at any time.

You might be interested in
Suppose the civilian non-institutionalized working age population is 35.9 million in Laborland.
DanielleElmas [232]

Answer: a. 24.05 million

b. 66.99%

c. 4.62 million

d. 19.21%

Explanation:

a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.

= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks

= 4.9 million + 14.53 million + 2.90 million + 1.72 million

= 24.05 million

b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula = \frac{total labor force}{non-institutionalized working age population} X 100

Laborland's labor force participation rate (%) = \frac{24.05 million }{35.9 million }X 100

= 66.99%

c. Unemployed  People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is  those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.

= 2.90 million + 1.72 million

= 4.62 million

d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.

Unemployment rate = \frac{unemployed}{labor force} x 100

= \frac{4.62 million}{ 24.05 million} x 100

=19.21%

8 0
3 years ago
What is the biggest factor in determining the price of a mortgage ?
astra-53 [7]
In my opinion, I would say it is the interest rate.
6 0
4 years ago
Alpha Corporation reported the following data for its most recent year: sales, $630,000; variable expenses, $280,000; and fixed
Virty [35]

Answer: 1760,000,000

Explanation:

4 0
3 years ago
Which one of the following statements concerning whole life insurance is false? Group of answer choices Whole life insurance pre
Lemur [1.5K]

Answer:

Whole life insurance can be participating, which means the insured must participate in self-directed investments for the cash value

Explanation:

Insurance is a form of protection against kinds of loss.

whole life insurance is an insurance policy that allows a lifetime coverage, which means the other insurance is for lifetime and not a specific given time provided that the person continues to pays his/premium. It should be noted that Whole life insurance offers permanent protection throughout the insured’s lifetime and premiums are paid throughout the insured’s lifetime.

6 0
3 years ago
What is your overall evaluation of mondelēz international's corporate strategy and restructuring since 2012? what evidence and/o
mezya [45]
<span>One of Mondelez Internationl corp long term goals is organic net revenue growth at or above category growth rates, which will allow the operation income growth to continue on a constant currency and remain in the double digits. Mondelez is mainly focused on thier portfolio and cutting costs for long- term growth. There is also a major plan set in place that will allow them to reinvent its supply chain, which is on track to deliver $3 billion in gross productivity savings, $1.5 billion in net productivity and $1 billion in incremental cash flow over three years.</span>
6 0
3 years ago
Other questions:
  • You receive a raise at work, and now earn more money. As a result, your demand for bus travel decreases. This shows that bus tra
    9·1 answer
  • A company wishes to earn a pretax income equal to 35% of total fixed costs. its product sells for $50.75 per unit. total fixed c
    10·1 answer
  • In 1990 a person is 15 years old. in 1995, the same person is 10 year old. how can this be
    12·2 answers
  • Jill and Brian divided up $1900 between two investment accounts. Jill's account earns 4% interest and Brian earns 3%. If their c
    14·1 answer
  • Airline companies around the world are experiencing increased costs in part due to _________.\
    14·1 answer
  • 16. Which is NOT true about stocks? (1 point)
    9·1 answer
  • Jerry and Ann paid the following amounts during the current year: Interest on automobile loan $1,500 Interest on bank loan (proc
    7·1 answer
  • What do we call a cost that was already incurred and cannot be recovered in economics?
    14·1 answer
  • The alfredo pasta sells 296 units per week at $13 per plate. The eggplant parmesan sells 323 units at $10 per plate. Which has t
    9·1 answer
  • Running at the same constant rate, 6 identical machines can produce a total of 270 bottles per minute. At this rate, how many bo
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!