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
vivado [14]
3 years ago
11

PLEASE HELP NOW!!! Why is a higher interest rate important when saving money?

Business
1 answer:
Fynjy0 [20]3 years ago
8 0
B.) It grows savings at a faster pace.

The interest rate determines how much money a bank pays you to keep your funds on deposit. Suppose you deposit $5,000 into a savings account, don’t deposit or withdraw any more money and the interest rate doesn’t change. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you’ll earn $50 after the first year. -Discover.com
You might be interested in
If the $65 application fee poses a financial hardship, we are happy to waive it for you. Williams actively seeks the most except
Ipatiy [6.2K]

Answer:

I would like to request the application fee waiver of $65 if it poses a financial hardship for me.

Explanation:

Requesting a fee waiver depends on one's financial situation.  If the fee can be paid without experiencing any financial hardship, then it is not necessary to accept or request the waiver.  However, if the waiver will ease one's financial burden, then it would be in the applicant's best interest to request the waiver as provided by Williams College.

7 0
3 years ago
Martin owns his own motorcycle and ATV store. He notices that many of his customers talk about golf while in his store. He quick
Mekhanik [1.2K]

Answer:

The correct answer is have the ability to quickly adapt to change.

Explanation:

The scientific literature on organizational management shows how the complexity in which business is developed today forces organizations to deal with a hyper-competitive environment in which changes occur at a speed not previously known. In this context, the interest in the dynamics that organizations develop in order to adapt in this changing environment has gained extraordinary interest in recent decades. Thus, the pace with which organizations manage to adapt to changes, supported by their processes and their human capital, is revealed as essential for their survival and success.

From the point of view of organizational behavior, we would define the ability to adapt as the ability of organizations to change themselves in order to cope with the non-predicted changes that occur in their context of action. That is to say, to adapt is to vary the way in which the organization behaves to deal with those changes that were not precisely foreseen when the organization was designed.

4 0
3 years ago
The buck store is considering a project that will require additional inventory of 216,000 and will increase accounts payable by
Sergeu [11.5K]

Answer:

a. -$82,250

Explanation:

Calculation for what is the projects initial cash

flow for net working capital

Initial cash flow=-$216,000 + $181,000 - ($525,000 *0.09)

Initial cash flow=-$216,000 + $181,000 - $47,250

Initial cash flow = - $82,250

Therefore the projects initial cash

flow for net working capital will be - $82,250

8 0
3 years ago
Ben and Mildred's Stables used two different independent variables (trainer hours and number of? horses) in two different equati
liubo4ka [24]

Answer:

the estimated total cost for the coming year is $12,227.60

Explanation:

The computation of the estimated total cost is shown below:

y

= Constant coefficient + independent variable coefficient × number of horses

= $5,240.20 + $22.54 × 310 horses

= $5,240.20 + $6,987.40

= $12,227.60

This is the answer but not the same is to be given in the options

hence, the estimated total cost for the coming year is $12,227.60

7 0
3 years ago
Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi He
NeTakaya

These memories about cultural heroes and events are one of the chief characteristics of an age <u>cohort</u>.

<h3>What does a cohort mean?</h3>

A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.

<h3 /><h3>What characteristics do cohort study have?</h3>

The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.

To know more about the cohort study, visit:

brainly.com/question/29654815

#SPJ4

5 0
1 year ago
Other questions:
  • In a tiny village, on the coast of South America, early inhabitants used sea shells, as money. Some of these shells were very be
    8·1 answer
  • Behaviors that are more common in your life make better reinforcers than behaviors that are less common. this is known as _____.
    7·1 answer
  • Taxes are a part of a civil society, but they have a significant effect on supply and demand for goods. A tax is an extra cost a
    8·1 answer
  • True or false:<br> Global marketing strategies are essential for 21st century businesses.
    10·1 answer
  • ​Tara, a​ pharmacist, is planning on opening her own pharmacy. Tara currently earns​ $50,000 a year at her job. She has calculat
    13·1 answer
  • The mountain dew ads imply that the company is using which positioning approach as identified by professor ernest martin? use/ap
    10·1 answer
  • Valley Forge and Metal purchased a truck five years ago for local deliveries. Which one of the following costs related to this t
    9·1 answer
  • Marginal cost is equal to A. change in total variable cost divided by change in output. B. change in total cost divided by chang
    11·2 answers
  • Outsourcing: Question 19 options: Transfers traditional internal activities to outside vendors. Utilizes the efficiency which co
    7·1 answer
  • A value proposition represents the value that _____
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!