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
serg [7]
2 years ago
15

What are two main reasons for having a savings account

Business
2 answers:
Sonbull [250]2 years ago
5 0

Answer:

to start building wealth

and for easy accessibility (emergency funds are there)

poizon [28]2 years ago
4 0
Encourages financial stability
Safety against a loss of funds
You might be interested in
Waterway Industries's direct materials budget shows total cost of direct materials purchases for January $200000, February $2200
Romashka [77]

Answer:

Total cash disbursement= $262,000

Explanation:

Giving the following information:

Purchases:

January= $200,000

February= $220,000

March= $290,000

Cash payments are 60% in the month of purchase and 40% in the following month.

<u>Cash disbursement March.</u>

Purchase on cash March= 290,000*0.6= 174,000

Purchase on account from February= 220,000*0.4= 88,000

Total cash disbursement= $262,000

3 0
2 years ago
The concept that people should pay taxes based on the benefits they receive from government services is called?.
Scilla [17]

The Benefits Received Principle is an income tax fairness theory that holds that individuals should pay taxes based on the advantages they receive from the government.

According to the benefits received rule, those who receive the most benefits from the government, either directly or indirectly, should pay the most taxes in order to be fair.

Rather than using such a rule, taxes in the United States are mostly paid using a progressive system of income tax .

The benefits received rule dissuades double-counting charitable donations as a tax regulation.

Learn more on income tax -

brainly.com/question/17075354

#SPJ4

5 0
10 months ago
Your airplane has 845 miles to travel. So far the airplane has traveled 429 miles. How many miles does the airplane have to trav
erma4kov [3.2K]
望京出美腐崩。 的絕彩絕。 第陽幸了陣輕癖巨尸 了三一 隨穿天希麼什疒ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅁ헣ㅅ푸ㅗㅠㅗㅛㅛㄷ
7 0
2 years ago
Is zero economic profit inevitable in the long run for monopolistically competitive firms? in the long run, monopolistically com
iogann1982 [59]

Firms usually engage in a lot of activates for profit.  Zero economic profit  may continue to earn profit by reducing costs.

  • A monopolistic competitor, like some organizations often earn profits in the short run. The entry of some firms into the same market can bring about a shift in the demand curve faced by a monopolistically competitive firm.

When economic profit is zero, an organization is known to be earning the same as when its resources were used in the next best alternative.

See full question below

Is zero economic profit inevitable in the long run for monopolistically competitive firms? In the long run, monopolistically competitive firms

A. will not continue to earn profit because the cost of production will rise as new firms enter the market.

B. may continue to earn profit by convincing consumers their products are different.

C. will continue to earn profit due to barriers to new firms entering the market.

D. may continue to earn profit by instead beginning to produce a product identical to competitors.

E. will not continue to earn profit because monopolistically competitive firms produce identical products.

Learn more from

brainly.com/question/14406708

6 0
2 years ago
Arjen owns investment A and 1 bond B. The total value of his holdings is 1,529 dollars. Investment A is expected to pay annual c
zloy xaker [14]

Answer:

In order to find the present value of the bond we have to calculate the present value of investment A and subtract is from 1529. We can find the present value of A by discounting all its cash flows.

As the first cash flow is received today and the last will be received 3 years form now there will be a total of 4 cash flows

1) 218.19 (Will not be discounted as we are receiving it today in the present)

2) 218.19/1.0987 (Discount by 1 year as cash will be received in 1 year)

3) 218.19/1.0987^2 (Discount by 2 years as cash will be received in 2 years)

4) 218.19/ 1.0987^3 (Discount by 3 years as cash will be received in 3 years)

= 218.19 + 198.58 + 180.74+ 164.51 = 762.02

PV of Bond = 1529-762.09= 766.91

Semi annual coupons mean 2 payments a year. Bond B matures in 23 years which means a total of 46 payments (23*2). N=46. A coupon rate of 6.4 percent means that the bond pays $64 (0.064*1000) each year. $64 divided by 2 is 32 which is the amount of each semi annual payment Arjen receives. Pv= 766.91 FV = 1000

In a financial calculator put

PV= -766.91

N= 46

FV=1000

PMT= 32

and compute I

I is 4.38 and we will multiply it by 2 because the payments are semi annual. So we will get an I of 8.76

YTM= 0.0876

Explanation:

5 0
3 years ago
Other questions:
  • Big Canyon Enterprises has bonds on the market making annual payments, with 17 years to maturity, a par value of $1,000, and a p
    6·1 answer
  • An expectation that people will help those who depend on them is known as the
    8·1 answer
  • Suppose that the Federal Reserve wants to target a higher interest rate, the Federal Reserve would then:
    6·1 answer
  • On January 1, 2018, Glanville Company sold goods to Otter Corporation. Otter signed an installment note requiring payment of $15
    8·1 answer
  • In an economy, the government wants to decrease aggregate demand by $24 billion at each price level to decrease real GDP and con
    10·1 answer
  • XYZ Company is in the process of issuing bonds. The bonds have a stated interest rate of 4%, which is 2% below the current marke
    6·1 answer
  • In the market for gadgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical dow
    8·1 answer
  • Can someone define these will mark as brainliest
    13·1 answer
  • Suppose that a country's economy is operating at an unemployment rate 6% higher than its natural rate of unemployment. Then a(n)
    12·1 answer
  • Green Corporation's assets are valued at $1,502,000 after payment of all corporate debts, except for $225,300 of taxes payable o
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!