All categories

3 years ago

What type of bank account is best for everyday transactions?

Business

2 answers:

Salsk061 [2.6K]3 years ago

7 0

Answer:

checking accounts

Explanation:

checking accounts because of their easy access to withdrawals, transfers, checks, bill pay, and debit card purchases

Ilia_Sergeevich [38]3 years ago

6 0

Answer:

money market account?

Explanation:

I'm not positive but you could try if nobody else has an answer haha

You might be interested in

The term inadequacy refers to:______

Anastaziya [24]

Answer: A. The inability of a plant asset to meet its demands.

Explanation:

When something is said to be inadequate, it means that it is not in enough quantity or rather lacks the capacity to perform the tasks that it is needed for.

The same goes when this is being spoken in relation to an asset. A plant asset that is inadequate is unable to meet the demands that it was acquired for.

4 0

3 years ago

2. You retire at age 60 and expect to live another 23 years. On the day you retire, you have $568,900 in your retirement savings

hichkok12 [17]

Answer:

The monthly withdrawals are $3,537.85 and will last for 23 years.

Explanation:

We have to calculate the monthly installment of an annuity:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 568,900.00

time 276 (23 years x 12 months)

rate 0.004333333 (5.2% = 5.2 / 100 = 0.052 per year we now divide by the 12 months of a year and get the rate for monthly withdrawals.

$568900 \div \frac{1-(1+0.00433)^{-276} }{0.00433} = C\\$

C $ 3,537.85

5 0

3 years ago

The value proposition for the AARP brand is seen in what kinds of benefits for the members? (Select 3)

FrozenT [24]

Answer:

Ensuring products are well below the going market rate.

Quality of products offered.

Efforts to improve the lives of members.

Explanation:

3 0

2 years ago

Core self-evaluations (CSEs) represent a broad personality trait comprising four positive individual traits: (1) self-efficacy,

ryzh [129]

Answer: True

Explanation:

Thw above statement is true. Core self-evaluations (CSEs) is made up of positive individual traits which are self-efficacy, self-esteem, locus of control, and then emotional stability.

There individual traits are all vital in the accomplishment of a particular objective. Individuals that have high self-evaluations believe in themselves and are known to be effective.

4 0

3 years ago

Samantha and Bethany are purchasing their first home and reviewing the terms of a 15-year mortgage with their lender, Jim, at Fi

Alona [7]

Jim is doing what is<u> legally </u>right by providing this information to Samantha and Bethany.

<h3><u>The Truth in Lending Act (TILA): What Is It?</u></h3>

A federal statute known as the Truth in Lending Act (TILA) was passed in 1968 with the intention of assisting customers in their interactions with creditors and lenders. The Federal Reserve Board implemented the TILA through a number of regulations. The act's disclosure requirements for information like the annual percentage rate (APR), the length of the loan, and the overall costs to the borrower are some of its most significant features. The borrower must be made aware of this information clearly on all documents before signing them, including occasionally on periodic billing statements.

Learn more about The Truth in Lending Act (TILA) with the help of the given link:

brainly.com/question/7696024?referrer=searchResults

#SPJ4

4 0

2 years ago