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grin007 [14]
3 years ago
15

Lupe is a student who wants to open a bank account. Which type of bank is most likely the best option for her needs?

Business
2 answers:
Mrac [35]3 years ago
8 0

Answer:

A student checking account

Explanation:

Student checking accounts are similar to normal checking accounts, except that they offer some benefits to college students: $0 monthly fees, they offer online access, interest-free overdrafts, a few even pay a minimum annual interest, and they usually don't require a minimum balance, e.g. Capital One MONEY, Chase College Checking, etc.

grandymaker [24]3 years ago
7 0

Answer: A retail bank

Explanation:

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Sarah and James Hernandez purchased 140 shares of Macy's stock at $31 a share. One year later, they sold the stock for $35 a sha
boyakko [2]

Answer:

Return on your investment (ROI) = 17.31%

Explanation:

<em>Return on investment would be the proportion of the amount invested that is earned as profit. Profit here includes dividends earned plus capital gains less broker's commission.</em>

The principles above are illustrated as follows:  

Capital gain on stock = stock price at the end - stock price at the beginning

Stock price at the end= 35

stock price at the beginning  = 31

Capital gain = (35 - 31)× 140 = 560

Total dividend = 1.51× 140  = 211.4

Commission =  8 + 12 = 20

Net cash return=Capital gain + dividend - commission =560 + 211.4 - 20 =751.4

Return on investment =   Net cash return/ cost of stock × 100

ROI = 751.4/ (31×140) × 100 = 17.31%

Return on your investment (ROI) = 17.31%

5 0
3 years ago
Portman Corporation has retained earnings of $675,000 at January 1, 2014. Net income during 2014 was $1,400,000, and cash divide
mafiozo [28]

Answer:

attached below

Explanation:

3 0
4 years ago
The difference between the nominal interest rate and the real interest rate is:
BlackZzzverrR [31]

Answer:

Explanation:

A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor. A nominal interest rate refers to the interest rate before taking inflation into account.

8 0
3 years ago
in a based economy transaction require that each party have something the other desires increase market
Galina-37 [17]

Answer:

The ansewr is a barter based economy.

In a barter based economy, goods are exchanged for other goods, because no good that takes the functions of money exists (unit of account, store of value, and medium of exchange).

Barter economies can work on a limited scope, but to a larger extent, they can become inefficient, because this type of economy requires a double coincidence of wants: both parties of the transaction must desire the other party's goods.

6 0
3 years ago
Privately owned businesses are common in which type of economy?
Mariana [72]
Privately owned businesses are commonly found in capitalist economies.
4 0
3 years ago
Read 2 more answers
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