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
Ilya [14]
2 years ago
12

Differentiate between saving account and current account.​

Business
2 answers:
Afina-wow [57]2 years ago
6 0
A savings account is an account held at a bank or another financial institution. This account could be seen online and is used to store money and earn interest on that money.
A savings account saves your money.


A current account is a bank account that keeps your money safe and secure, it helps manage finances and is easy to make payments with. With a current account you can have deposits, withdrawals, etc. In an current account an amount can be deposited and withdrawn at any time without any notice needed.
Mamont248 [21]2 years ago
3 0
Savings account is an account where your savings go and the current account is the one you’ll use for everyday
You might be interested in
Hicks Health Clubs, Inc., expects to generate an annual EBIT of $750,000 and needs to obtain financing for $1,200,000 of assets.
Zepler [3.9K]

Answer:

Hicks Health Clubs, Inc. earnings after taxes will change by minus $10,800 if they choose the more aggressive financing plan instead of the more conservative plan.

Explanation:

Note: I experienced a difficulty submitting the explanation here. Kindly find attached the full answer and explanation in the attached Microsoft word document.

Download docx
8 0
4 years ago
Select the FALSE statement from below: A. The National Response Framework explains how, at all levels, the nation effectively ma
vlada-n [284]

Answer: The Statement A. is FALSE.

Explanation: The National Response Framework explains how, at all levels, the nation effectively manages the all-hazards response, is the FALSE statement.

The United States National Response Framework is essential to the National National Security Strategy, it helps to give all domestic response partners a response to disasters and emergencies.

7 0
3 years ago
Read 2 more answers
Pet World is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR c
Len [333]

Answer:

C) 2.57%

Explanation:

Pet World's net cash flows:

<u>Year  </u>                  <u>Cash flow</u>

0                           -$9,500  

1                             $2,000

2                            $2,025

3                            $2,050

4                            $2,075

5                            $2,100

In order to find the rate of return we can use an excel spreadsheet and the IRR function =IRR (values,[guess]) =IRR (-9500,2000,2025,2050,2075,2100)

=IRR = 2.57%

3 0
3 years ago
In regard to the stages (or rounds) of venture capital funding, the stage of funding that occurs when an investment is made very
NemiM [27]

Answer:  seed capital    

                       

Explanation: In simple words, seed capital refers to the funding under which a venture capitalist invests in a project that involves introducing a completely new product or service.

Usually the projects that involves funding of seed capital have no physical existence or assets. These projects are just in from of idea and the venture capitalist feels that it can be a success so he invest in it. Generally, under such projects venture capitalist takes majority of capital in his hold for fully enjoying the potential benefit.

 

3 0
3 years ago
Blank (deleted) nothing to answer...
Sati [7]

Answer:

.

Explanation:

5 0
3 years ago
Other questions:
  • A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000. The
    7·1 answer
  • What is consideration​
    8·1 answer
  • How might increasing the level of government transfers reduce the size of the economic pie? check all that apply?
    11·1 answer
  • Apply Six-Sigma quality standards and devise a plan for the hotel to monitor and control future process performance.
    14·1 answer
  • Multimarket competition occurs when firms: a. have a high level of awareness of their competitors' strategic intent. b. simultan
    6·1 answer
  • Assume that Canadian consumers increase their demand for Mexican financial assets How would the international supply of Canadian
    13·1 answer
  • Stanton Inc. is considering the purchase of a new machine, which will reduce manufacturing costs by $5,000 annually and increase
    7·1 answer
  • Scubapro Corporation currently has 500,000 shares of common stock outstanding and plans to issue 200,000 more shares in a season
    13·1 answer
  • What skills do you think an aircraft engineer would need to have?
    12·2 answers
  • Is the state of matter with the highest temperature
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!