Answer:
Checking accounts allow convenient ways to deposit or withdraw funds.
Explanation:
Checking accounts do not have restrictions on the number of withdrawals and deposits that a customer can make. It means one can withdraw and deposit as many times as they want.
The money saves in a savings accounts is considered risk free. The probability of losing the money is negligible. For this reason, a checking account offers a safe and convenient way of depositing and withdrawing.
Answer:
The total cost will be "$1,279,286.25".
Explanation:
The total cost at 125000 Km will be:
($)
The total cost at 90000 Km will be:
($)
The variable cost will be:
($)
Now,
Fixed cost = 
= 
= 
($)
I have to say AIDS. Hope this could help. :)
Answer:
Read the explanation below
Explanation:
Dollar-cost averaging is based on the belief that prices of stock fluctuate around a normal level. Without this notion, it will not be possible to determine what can be seen as high or low now compared to the future.
The benefits of Dollar Cost Averaging attracts investors to employ. These benefits include:
1. It contributes on a regular basis to portfolios of investment.
2. The problem of market timing is eliminated especially for investors do not have time to track the market regularly or who lack the understanding of the market.
3. The cost basis to consumers on stocks whose values decline are is reduced.
4. It is easy to set up and not expensive especially for investors with no huge amount of money to invest. Like the example in the question, it easier for a salary earner to invest $500 monthly than investing $5,000 in a day.
Despite these advantages, dollar-cost averaging has its own disadvantages, and these include:
1. It has been found out in different studies that investor that can time the market correctly and invest a lump sum amount receive a higher return in the long run than what dollar-cost averaging can fetch.
2. The transaction costs paid by the investors significantly increased because of more number of different transactions when brokerage fee is high.
I wish you the best.
