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2 years ago

Why should teenagers, in particular, look for no fee savings accounts?

1 answer:

4 0

It is best that when teenagers get an account, that they get one that has no fees because they have a limited amount of money coming in.

In general, teenagers don't earn a lot of money, any bank account that they get therefore, should be one that doesn't reduce this little amount of money that they get.

It is therefore best that teenagers try to find accounts that have little or reduced fees. To this end, some banks offer teenage savings accounts that:

Don't charge for ATM withdrawals
Don't charge for transactions on a debit card

In conclusion, teenagers should try to get accounts that do not have fees attached so as not to reduce the limited income they probably get.

<em>Find out more at brainly.com/question/11423959.</em>

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2 years ago

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2 years ago

trade-oriented sales promotions are directed at . multiple choice question. customers that are unhappy with your brand and are c

Rudiy27

Trade-oriented sales promotions are directed at B. wholesalers, retailers, or distributors.

<h3>What are Trade-oriented sales promotions ?</h3>

Trade-oriented sales promotion programs are aimed at the company's dealer network to compel them to promote the company's brand more than competing brands. It is sometimes referred to as a "push strategy," and it is aimed at the dealer network in order to encourage them to promote the brand to customers by giving it precedence over competing products.

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1 year ago

Cost of Preferred Stock Marme, Inc., has preferred stock selling for 96 percent of par that pays an 11 percent annual coupon. Wh

nataly862011 [7]

Answer:

Component cost of preferred stock is 11.4583 %

Explanation:

Given Data:

Preferred stock selling=96 percent of par.

Annual Coupon =11 percent

Required:

What would be Marme’s component cost of preferred stock?

Solution:

The formula we are going to use is:

$i_{stock}=\frac{D_o}{P_o}$

Where:

$D_o$ is 11 percent annual coupon

$P_o$ preferred stock selling for 96 percent of par

If we convert the above percentage to dollar using the scale $1=1% then:

$D_o$ =$11

$P_o$ =$96

$i_{stock}=\frac{\$11}{\$96}\\ i_{stock}=0.114583$

Component cost of preferred stock is 11.4583 %

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3 years ago