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
kozerog [31]
3 years ago
14

You have $2,000 and want to invest in two savings goals: a short-term goal (less than one year) of saving for textbooks during y

our first year of community college, and a longer-term goal (over 1 year) of saving for a car when you graduate from college. Use the information in the chart below to explain how much you would choose to save for each goal, where you would save it, and why. When explaining your choices, be sure to consider the liquidity of each investment, the potential for interest earned, and any potential fees or penalties.
Savings Account
0.09% APY
No minimum deposit

MMA
1.05% APY
$500 minimum deposit

24-Month CD
2.9% APY
$250 minimum deposit

US Savings Bonds (Series EE)
0.1%
$25 minimum purchase

$15 fees for
any withdrawals in
excess of 6 per month

$15 fees for
any withdrawals in
excess of 6 per month

Penalty for early
withdrawal is 3 months
of interest or $25,
whichever is greater

Cannot redeem during
first 12 months;
before five years,
loss of 3 months of interest
SAT
2 answers:
Dvinal [7]3 years ago
7 0
I don’t understand what you question is?
Pavlova-9 [17]3 years ago
7 0

Answer:

First, I would choose the plan of the long term goal because long term goals are the most effective. Starting off, I would use my 2000 dollars and spend them evenly amoung textbooks and my other miscellanous because a car can come after once I finish school. So this will lead me to open an savings account because I can putt as much money as I want into my account and the 15 fee is cheap so I won't loose to much money towards my books and other college funds.

Explanation:

this is what I would do

You might be interested in
Pls help im going to fail!<br> 3+3-7
Kipish [7]

Answer: The answer is -1

Explanation: 3+3 = 6 and then following the order of operations you substract 7 giving you the answer -1

4 0
3 years ago
True or false a circle will have different radii
PilotLPTM [1.2K]
Yes it’s true because of the size of the circle
8 0
2 years ago
According to the segment, what percentage of your wardrobe should be fads?
Julli [10]

Answer:

C)Thirty percent

Explanation:

This question is about the article "Fad, fashion or classic? How to shop sensibly." Where the narrator states that a person's wardrobe must be in accordance with his daily life and the number of activities he does. In this article, Michael Kors states that a person's wardrobe must consist of 70% comfortable clothes and 30% fad clothes, however, this percentage must be adapted to the daily life of each person, always prioritizing the activities he does and the places who attends.

8 0
3 years ago
Most college campuses offer a __ for students to exersize
telo118 [61]

Answer:

recreation center

Explanation:

8 0
2 years ago
Read 2 more answers
Determine the net effect on Tamara’s adjusted gross income with regard to these capital asset transactions that occurred this ye
ki77a [65]

Answer:

Explanation:

Sold ABCCo stock, acquired 2 years ago, for a $1,500 loss.Sold collectible coins, held for 17 months, for a $2,000 gain.Sold XYZCo shares, acquired 6 months ago, for a $4,100 loss.Sold LMNCo stock, acquired 3 years ago, for a $500 gain.(-1500+2000+500) = 1000 LTCG – 4100 = 3100 STCL

$3000 yearly limit; 100 is carry forward next year

3 0
3 years ago
Other questions:
  • Classify the triangle by its angles.
    5·2 answers
  • 2. What do college admissions committees consider as the primary purpose of an official high
    5·1 answer
  • foreshadowing: what elements of the description of the caverns contribute to the mood of approaching danger?
    11·1 answer
  • One molecule of the antibiotic known as penicillin g has a mass of 5. 553×10−22g. What is the molar mass of penicillin g?.
    12·1 answer
  • Why shouldn´t people be afraid to love themselves at all
    11·2 answers
  • A zookeeper predicted that the weight of a newborn lion would be 2. 8 pounds. When the zoo’s lion gave birth, the newborn weighe
    13·2 answers
  • Another name for interpersonal communication is : *.
    6·1 answer
  • There are 23 countries in North America, 12 countries in South America, 47 countries in Europe, 44 countries in Asia, 54 countri
    7·1 answer
  • Estimate 10 0 f(x) dx using five subintervals with the following.
    14·1 answer
  • When was hurricane watch issued for harvey
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!