Back when interest rates were high, I had just one account. I had a money-market checking account that offered good interest rates and unlimited check writing. But those days are long gone.
I want as high an interest rate as I can get for my savings. In order to get those rates, I am using a money-market savings account. All such accounts I’ve seen restrict the number of transactions I can make in a month. I need to be able to pay bills, no matter how many of them there are — and I never ever want to pay fees for excess transactions!
So I have a separate checking account. It pays less than half the interest rate of my savings account, but I can make as many transactions as I want. The bank offers a bill pay application that I use for most payments, and I can write as many checks as I want to. I can transfer money between the accounts quickly.
Answer:
A corporation is to make profit
non-profit coorporation don't have any shareholders, so they serve a different function. Thier focus is on something other than making profit
Telling employees gain motivates personnel to do their high-quality work. after they realize there are possibilities for advancement, they will do their process to a better standard to electrify those who are looking.
4 everyday business-level strategies emerge from those choices: (1) huge cost management, (2) wide differentiation, (three) targeted cost leadership, and (four) centered differentiation. In rare cases, companies are able to provide both low costs and particular capabilities that customers discover acceptable.
Put clearly, business strategy is a clear set of plans, actions and desires that outlines how a commercial enterprise will compete in a selected market, or markets, with a product or number of products or services.
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Answer:
The answer is option (c)$89,301
Explanation:
Solution
Given that:
Inflation rate = 2%
The expected value of an investment = 82,500
Now,
nominal terminal value of the investment at the end of year 4.
Thus,
The nominal terminal value rate at the end of year four is given as follows:
= 82, 500 * (1 +2%) ^4
=$89300. 65
= $89,301
