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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:

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oee [108]

Answer:

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Explanation:

In this situation, the RR must get all the relevant and important information that concerns opening the account and should also tell them the risks involved investing in such fund.

The RR should not just refuse to open the account because of risk he is not responsible for discussing what it means to open a JTWROS account.

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8 0
3 years ago
Sanyu Sony started a new business and completed these transactions during December.
timurjin [86]

Answer:

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Explanation:

see the attached file below

Download docx
3 0
3 years ago
The following are a few of the accounts of aim delivery corpation. 1. Wages Payable 2. Accounts Payable 3. Accounts Receivable 4
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Answer and Explanation:

The classification is as follows

1. current liability

2.  current liability

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5. Current asset

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8 0
3 years ago
What is the weighted average cost of capital and it's purpose?
Alenkinab [10]
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5 0
3 years ago
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uysha [10]

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5 0
3 years ago
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