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
madam [21]
3 years ago
9

You are 18 years old, opening your first savings account, and are considering three options: BANK A is not FDIC insured, has an

interest rate of 5%, and a minimum deposit of $25. BANK B is FDIC insured, has an interest rate of 0.01%, and a minimum deposit of $50. Bank C is FDIC insured, has an interest rate of 0.02%, and a minimum deposit of $10,000. All three have fees competitive with other banks. Which bank is the best option?
Business
1 answer:
leonid [27]3 years ago
6 0

Answer:bank b

Explanation:

You might be interested in
Explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and
Ulleksa [173]

Social responsibility means an acceptable theory which is applies to everyone, expecting that the act of individual must benefit the whole of society.

Corporate Social Responsibility refers to practices and policies undertaken by  firms and other business, who are intending to have a positive influence on the environment and world at large.

Triple bottom line​ is also a concept that state that in addition to the <em>major objectives</em> of firms which is to make profit, they should ensure they impact the society and environment as well.

The looting of shops and mall will take a toll on the moral effort of firms and businesses adhering to the  triple bottom line​ concept as well as the corporate social responsibility as they have to count on the loss incurred, caused by the masses.

Despite that insurance provision and government can provide compensation for the looted goods, still, the morale of the firms authorities and business owners towards the social responsibility concept and triple bottom line​ concept will be negative

Learn more about this here <em>brainly.com/question/1341005</em>

5 0
3 years ago
At one point, certain U.S. Treasury bonds were callable. Consider the prices in the following three Treasury issues as of May 15
TEA [102]

Answer:

The implied value of called feature is $111.49 approx

Explanation:

Detailed step wise solution is given below:

8 0
3 years ago
An asset is purchased by a calendar or fiscal year firm for $60,000 on October 1, 1997. The asset has a useful life of four year
emmasim [6.3K]

Answer:

1. True

Explanation:

The computation of the depreciation for 1998  under the double declining balance method is shown below:

First we have to find the depreciation rate which is

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $60,000, so the depreciation is $7,500 after applying the 50% depreciation rate  and the 3 months

And, in year 2, the depreciation expense is

= ($60,000 - $7,500) × 50%

= $26,250

5 0
3 years ago
A firm in a perfectly competitive industry is currently producing 6,000 units of output and the market equilibrium price for the
OlgaM077 [116]

Answer:

30005

Explanation:

Total Revenue equals price multiple to the quantity produced.

Total Profit= Total Revenue -Total Cost= P*Q- (Variable costs +Fixed Costs)

If we considered TR=P*Q,

in the first period it will be: TR=P*Q=6000*5=30000

in the second period it will be= TR=P*Q= 6001*5=30005

7 0
3 years ago
Stop and Jot: Why was the decision about further funding for the telescope not an "economic
shtirl [24]

Answer:

Because it has no direction

8 0
3 years ago
Other questions:
  • The expected average rate of return for a proposed investment of $5,470,000 in a fixed asset, using straight-line depreciation,
    12·2 answers
  • Shortage is _____.
    12·2 answers
  • You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e
    11·1 answer
  • When a firm uses K units of capital and L units of labor, it can produce Q units of output with the production function Q = K√L.
    10·1 answer
  • You are considering a project in Norway with an initial cost of NKr135,000. The project is expected to return a one-time payment
    7·1 answer
  • Jacob Company sold a $1,000 par value, non-callable bond that has 20 years to maturity and a 7.00% annual coupon that is paid an
    15·1 answer
  • Conducting a thorough assessment to document what sensitive information an organization is collecting, where it is stored, how l
    13·2 answers
  • Your boss has asked you to obtain marketing feedback on one of the products for your company produces. But people are less likel
    14·1 answer
  • The records of Pippins, Inc., included the following information: Net sales $ 1,000,000 Gross margin 475,000 Interest expense 50
    10·1 answer
  • Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, which is an example of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!