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
astra-53 [7]
3 years ago
7

Which interest rate will be higher: the interest rate the bank pays you on your savings account or the interest rate the bank ch

arges you for a loan? Why?
Business
1 answer:
Airida [17]3 years ago
8 0

Answer:

The interest rate the bank charges you for your loan.

Explanation:

The bank is trying to make money, so the bank is going to PAY you a lower interest rate on your savings account, but CHARGE you a higher interest rate on your loan.  Then, the bank makes more money out of the deal.

You might be interested in
A circuit contains three resistors connected in parallel. The value of R1 is 100 ?, the value of R2 is 400 ?, and the value of R
frozen [14]
The answer would be 19/30 (or 0.6333333333).



I hope it helped you!

6 0
3 years ago
_is an amount of money placed into a savings or<br> checking account.
Softa [21]

Answer: Transfer

Explanation:

7 0
3 years ago
Brendon wants to sue Fitness Ace, a leading provider of fitness equipments, for negligence. He approaches Arthur Bailey Group, a
Marianna [84]

Answer:  The following would be true if the attorney charges Brendon using a retainer: <u><em>the attorney would charge separately for consultation and paperwork.</em></u>

The attorney from the firm will look into the case and thereby charge separately for consultation and paperwork.

<u><em>Therefore the correct option in this case is (b)</em></u>

8 0
3 years ago
How are nuclear weapons distinguished from conventional weapons?.
Lyrx [107]

Answer:

This quantitative difference between nuclear and conventional weapons means that if nuclear weapons were used, they would alter key features of warfare—in particular, its duration, the targeting of noncombatants, and even the military relationship between winning and losing sides in a conflict.

Explanation:

6 0
2 years ago
Read 2 more answers
You are offered a chance to buy an asset for $4500 that is expected to produce cash flows of $750 at the end of Year 1, $1000 at
Ghella [55]

Answer:

22.64%

Explanation:

Given that

Buyed value of an asset = $4,500

Projected cash flows

For year 1 = $750

For year 2 = $1,000

For year 3 = $850

For year 4 = $6,250

So, the rate of return i.e internal rate of return is

We assume the internal rate of return be X%

$4,500 = $750 ÷ (1.0x) + $1000 ÷ (1.0x)^2 +$850 ÷ (1.0x)^3 + $6,250 ÷ (1.0x)^4

After solving this, the rate of return is 22.64%

8 0
3 years ago
Other questions:
  • Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled
    12·1 answer
  • Ajax Company presently leases a copy machine on a monthly basis. The lease agreement requires a fixed fee each month in addition
    15·1 answer
  • Voluntary exchanges happen when both parties expect to
    10·1 answer
  • A firm that specializes in buying other firms accounts receivable is called a(n) _____.
    9·1 answer
  • To synthesize means to form new information by combining parts or elements of other information. Please select the best answer f
    12·2 answers
  • Madeline runs a lawn cutting service. She anticipates some increased expenses in her personal life in the next six months, and w
    8·1 answer
  • L Corporation produces and sells 15,300 units of Product X each month. The selling price of Product X is $23 per unit, and varia
    7·1 answer
  • Assume that Saudi Arabia has production possibilities to produce either 100 barrels of oil using 100 worker hours or 25 bushels
    10·1 answer
  • Indicate which barrier to entry appropriately explains why a monopoly exists in each scenario?
    10·1 answer
  • Genna and four others are establishing a business to create monogrammed items of personal clothing to sell to the general public
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!