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2 years ago

All of the following are advantages of having a savings account except

Business

1 answer:

expeople1 [14]2 years ago

5 0

Answer:

Funds held in a savings account are highly liquid

Explanation:

The purpose of a savings account is the assist a customer achieve their saving objectives. A savings account is a secure way of accumulating funds for an intended purpose or keeping money that does not have immediate use.

Financial institutions that offer savings account limit on withdrawals to help a customer achieve planned saving objective. It means money saved is not accessible at will. Penalties apply should a customer insists on more than the acceptable number of withdrawals.

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Which of the following documents will a bank issue in order to secure a loan with your personal assets? A Guarantee and surety a

frozen [14]

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2 years ago

Read 2 more answers

Jack recently took out a loan from Diane at an interest rate of 4 percent. Diane expected this year’s inflation rate to be 1 per

defon

The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,

When inflation is 1 percent, Diane will benefit more than Jack;
When inflation is 0 percent; Diane will benefit more than Jack;
When inflation is 4 percent; Jack will benefit more than Diane;
When inflation is -2 percent; Diane will benefit more than Jack.

<h3>What is inflation?</h3>

A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.

The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.

Hence, the significance of inflation is as mentioned.

Learn more about inflation here:

brainly.com/question/15692461

#SPJ1

5 0

1 year ago

You want to respond to it, and also to show ben your response. but you don't want jenny to see that you've sent it to ben

galina1969 [7]

OHHHHHHHHH BLEEEEEEEEEP, fight them

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3 years ago

What is the expected return of a portfolio with 75% in asset A and 25% in Asset B?

kifflom [539]

Answer: 3.5%

Explanation:

Expected return if there is a Boom:

= (0.75 * 0.15) + (0.25 * 0.05)

= 0.1250

Expected return if things go Bust:

= (0.75 * -0.05) + (0.25 * 0.05)

= -0.025

Expected return of Portfolio = ∑(Probability of market state * expected return of market state)

= (0.4 * 0.1250) + (0.6 * -0.025)

= 3.5%

6 0

3 years ago

For a restaurant: Group of answer A. fire insurance on a building would be a fixed factor of production.B. labor and food would

ser-zykov [4K]

Answer:

C. a building would be a fixed factor of production in the short run

Explanation:

A fixed factor of production are factors of production that cannot be readily varied with production level or output e.g. building, equipment.

A variable favor of production are factors of production that can be easily varied with production. E.g. labour

In the long run, all factors of production can be varied.

Insurance is an expense.

Food is the output produced by the restaurant.

I hope my answer helps you

5 0

3 years ago