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
kolbaska11 [484]
3 years ago
6

John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would e

nable him to earn MORE interest?
Business
2 answers:
Troyanec [42]3 years ago
3 0
Here are some actions that would enable John to maximize his earning and earn more interest :

- By Selecting an account with high interest rates
Different banks usually used different interest rates. John need to carefully research it and choose the one with higher interest rate

- Leaving his money in the account for a long period of time

- Deposit a larger amount of money since the interest earning are dependent on the deposited amount
zloy xaker [14]3 years ago
3 0

The answer is D. Compound daily

You might be interested in
The monetary value of what a firm received for goods sold, services rendered, and other payments is termed:.
EleoNora [17]

Answer:

Revenue?

Explanation:

7 0
3 years ago
In the AS/AD model, as the price level falls, the holders of money become richer and buy more. This is one reason why the aggreg
ioda

Answer:

True

Explanation:

The statement is true.

Suppose a consumer purchases a bundle of goods, say 40 units with his given money income of $1000.

Now, if there is a fall in the price level of the goods then this will increase the purchasing power of the consumer and hence he will be able to buy more quantity of goods, say 60 units with the same level of money income i.e $1,000.

This illustrates that as the price level falls, the purchasing power of the consumer increases or we can say that holders of money become richer.

4 0
3 years ago
During a recent​ month, Canon Company planned to provide cleaning services to 30 customers for $ 26 per hour. Each job was expec
prisoha [69]

Answer:

$1,950 more than expected

Explanation:

In this question ,we have to compare the revenues based on expected and the actual

So, the expected revenues would be

= Number of customers × per hour rate × expected time spent

= 30 customers × $26 × 8 hours

= $6,240

And, the actual revenues would be

= Number of increased customers × per hour rate × average time spent

= 42 customers × $26 × 7.5 hours

= $8,190

The revenue is increased by

= $8,190 - $6,240

= $1,950 more than expected

This is the answer but the same is not provided in the given options

7 0
3 years ago
he exchange rates of the euro (€ ) and the Japanese yen (¥) relative to the U.S. dollar ($) are listed as follows: Spot Rate Eur
bearhunter [10]

Answer:

€ 0.004871

Explanation:

Direct quote is a method of quoting a foreign currency per one unit of domestic currency.

Indirect quote is a method of quoting a foreign currency in which price of foreign currency is expressed in domestic currency.

In the given question to find the units Euro per Yen we need to divide the Euro per dollar rate with the Yen per dollar rate.

Euro 0.5547 / $1

Yen 111.83 / $1

Euro per Yen = 0.5547 / 111.83 = €0.004871 per ¥1

5 0
4 years ago
Suppose the U.S. government encouraged consumers to trade in their old automobiles for more efficient, new models by paying up t
Sunny_sXe [5.5K]

Answer:

People respond to economic incentives                        

Explanation:

Economic incentives is what encourages you to act in some way, while expectations are your needs your interests and your preferences. Economic incentives offer you the drive to follow your interests. These can be grouped further as extrinsic and intrinsic incentives.

Extrinsic incentives arise from the outside of the human being. These are the usual economic incentives you're likely to think of all along. Extrinsic rewards include cash, bonuses, sales, and earnings.  Intrinsic incentives are inherent inducements, and are inner to the individual. It is an intrinsic motivation to get satisfaction from jobs.

3 0
4 years ago
Other questions:
  • Suppose a recent government report indicates that 12% of the labor force is African American. Of the individuals in the labor fo
    7·1 answer
  • In which career or job role in business information management do you need to create and manage project plans, and also coordina
    5·1 answer
  • Why are gas prices 2.75?
    12·2 answers
  • In 2019, Wildhorse Company had a break-even point of $244,000 based on a selling price of $5 per unit and fixed costs of $97,600
    14·1 answer
  • Suppose transactions costs for a product are zero and the product can be resold. Why might the firms that sell a product charge
    5·1 answer
  • You are a birder (birdwatcher) and your neighbor has put up several birdhouses in her yard and also planted trees and flowers th
    5·1 answer
  • Which of the following is a risk (or potential pitfall) of cost leadership?
    8·1 answer
  • Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak st
    13·1 answer
  • In the market for gadgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical dow
    8·1 answer
  • Why is participation in local organizations twice as high in the united states as it is in europe?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!