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erik [133]
4 years ago
5

"Based on historical figures, how much would you LOSE by putting your money in a savings account compared to investing in the st

ock market? "
Business
1 answer:
Mama L [17]4 years ago
6 0

Answer:

4.5% annual interest.

Explanation:

Assuming that we are talking about a specific Savings Account then we can say that the average APY on a savings account such as HSBC savings is 2.5% per year. On the other hand, the stock market has an average APY of 7% annually. Therefore, in order to find how much you would lose by putting your money in a savings account, we would need to subtract the savings account APY from the stock market APY.

7% - 2.5% = 4.5%

We can see that what you would lose in opportunity cost is 4.5% annual interest.

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<span>80,000 people who traveled to the West in search of riches</span>
4 0
3 years ago
Shoe-leather costs arise when higher inflation rates induce people to __________.
S_A_V [24]

Answer:

D - Hold less money

Explanation:

Inflation is the persistent increase in the general prices of goods and services over a period of time.

During inflation period, nobody wants to hold more of cash because the value of money gets depreciated as inflation increases  (prices of goods increase).

For example, shoe-leather costs increases when there is an increase in inflation and it makes more economic sense to purchase shoe-leather as it preserves the value of money.

3 0
3 years ago
Juxipi Inc. is well known for having a stronger credit score than its competitors. that is why, buyers are more willing to buy p
rewona [7]

Answer:

d. Commercial paper

Explanation:

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-Factoring is when a company sells its accounts receivable to another company at a cheaper price.

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-Commercial paper is a promissory note used by companies to get money to cover short-term liabilities and has a period of time of up to a year.  

According to this, the answer us that the short-term financing option that is being offered by Juxipi Inc. in the given scenario is commercial paper.

4 0
4 years ago
The need for safety stock can be reduced by an operating strategy which: question 4 options: decreases ordering costs increases
BigorU [14]
The answer is decreases<span> lead time variability.
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If the company decrease lead time variability, it will give more time for company to prepare between orders and delivery, which will reduce the probability of safety stock usage.</span>
8 0
3 years ago
You have accumulated $85,000 in student loans that average 5% interest. You graduate next month and will be paying off the loans
photoshop1234 [79]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 85000
PMT monthly payment?
R interest rate 0.05
K compounded monthly 12
N time 10 years
Solve the formula for PMT
PMT=Pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=85,000÷((1−(1+0.05÷12)^(
−12×10))÷(0.05÷12))
=901.55 round to the nearest tenth to get 900

Hope it helps!
8 0
3 years ago
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