Answer: Inactivity fee
Step-by-step explanation:
The rest of the options are not given but there can only be one correct answer to this question and that's the answer above.
Brokerages earn a return when they trade financial instruments for investors as they take a commission from this. When an investor has not traded for a while, brokerages don't get to make earnings and will be holding the account with minimal rewards.
To compensate for this, they charge an inactivity fee that will ensure that they get some form of earnings for managing the account and not receiving commission.
9514 1404 393
Answer:
J Compound interest; $298.65
Step-by-step explanation:
Interest compounding pays interest on the interest. For the same annual rate, any amount of compounding will earn more interest.
For short time periods, the effect of compounding is not great. In general, it will be a fraction of the equivalent simple interest rate. Here, the effective multiplier for annual compounding is ...
1.051^4 = 1.22024337
and the effective multiplier for simple interest is ...
1 +0.051·4 = 1.204
Then the difference in interest rate multiplier for the 4-year period is ...
1.22024337 -1.204 = 0.01614337
That fraction of the $18500 principal is $298.65.
Compound interest earns $298.65 more than simple interest in this scenario.
Answer:
The answer is 9
Step-by-step explanation:
3 times 6 is 18 so 2x+18=36 then 36-18 is 18 and 18 divided by 2 is 9
Answer:
8 ≥ x+3 or x ≥ 12
Step-by-step explanation:
The sum of a number (additon) and 3 (x+3) is no more than (so less than or equal to eight) OR is more than 12 ( x is more than 12, x ≥ 12 )
