What are some of the benefits using a financial institution like a bank or a credit union

Answers

Answer 1

Answer:

They keep money safe and stable. However, Investing in the stock market is also another option, with the opportunity to make large gains with you money, with more risk of course.

Explanation:


Related Questions

Please help solve this

Answers

Answer:

The Gross Domestic Product of the territory is $ 172 million.

Explanation:

The Gross Domestic Product (GDP), measured in monetary units, is the market value of all goods and services within a territory in a given period of time, usually annual, which is estimated by the following expression:

[tex]GDP = C+BI+GEx+GEn+E-I[/tex] (1)

Where:

[tex]C[/tex] - Consumption.

[tex]BI[/tex] - Business investments.

[tex]GEx[/tex] - Government expenditures.

[tex]GEn[/tex] - Government entitlements.

[tex]E[/tex] - Exports.

[tex]I[/tex] - Imports.

Please notice that positive sign represents money that has entered into the economy of the territory.

If we know that [tex]C = 50\times 10^{6}[/tex], [tex]BI = 10\times 10^{6}[/tex], [tex]GEx = 75\times 10^{6}[/tex], [tex]GEn = 38\times 10^{6}[/tex], [tex]E = 12\times 10^{6}[/tex] and [tex]I = 13\times 10^{6}[/tex], then the GDP of the territory is:

[tex]GDP = 50\times 10^{6}+10\times 10^{6} + 75\times 10^{6}+38\times 10^{6}+12\times 10^{6}-13\times 10^{6}[/tex]

[tex]GDP = 172\times 10^{6}[/tex]

The Gross Domestic Product of the territory is $ 172 million.

You plan to make a series of deposits in an interest-bearing account. You will deposit $1,000 today, $2,000 in 2 years, and $8,000 in 5 years. If you withdraw $3,000 in 3 years and $5,000 in 7 years, how much will you have after eight years if the interest rate is 9%?

Answers

Answer:

$5,641

Explanation:

DEPOSIT NOW  

$1000 * FVIF 9%,8 PERIODS

= $1000 * 1.9926

= $1992.6

IN 2 YEARS

= $2000 * FVIF 9%,6 PERIODS

= $2000 * 1.6771

= $3354.20

IN 5 YEARS

= $8000 * FVIF 9%, 3 PERIODS

= $8000*1.2950

= $10360

WITHDRAWAL: IN 3 YEARS

= ($3000) * FVIF 9%, 5 PERIODS

= ($3000) * 1.5386

= ($4615.80)

IN 7 YEARS

= ($5000) * FVIF 9%, 1 PERIOD

= ($5000) * 1.0900

= ($5450)

Total value = $1992.6  + $3354.20 + $10360  - $4615.80 - $5450

Total value = $5,641

So, the total future value after eight years is $5,641

What is target Market
small group of archery enthusiasts
a place that Target employees get discounts on returned items
a group of people we direct our marketing efforts towards
a place to exchange common bar games and equipment

Answers

Answer:

shoes

Explanation:

I think it’s a place that the target employees get discounts on return the items

Submit your 300-word essay that thoroughly analyzes a problem that was solved through social media and provides your opinions on the impact social media use had on the issue. a definition of the problem-- what it is; an analysis of the problem-- what caused it and what the major issues are; how social networking was used to solve the problem; your opinions on how social media made it easier to solve the problem; and your sources.

Answers

Explanation:

Social media are tools that significantly impacted the relationship between companies and consumers, one could even say that they revolutionized this relationship.

Companies managed to get closer to their target audience in order to build a relationship that means increasing brand value, consumer loyalty and engagement on social networks. The so-called relationship marketing is a double path with benefits for both the client and the company, due to the fact that with greater proximity between them, there is a greater possibility for the client to have their issues with the brand resolved in less time, as for the brand to carry out instant and cheap advertising that reaches its potential audience almost at the same time.

Therefore, a problem that may have arisen, for example, a product purchased through a website that came with a manufacturing defect can be communicated directly to the company through its social media and the consumer can get a much quicker and less answer bureaucratic, and thus be able to exchange that piece or guarantee the refund of your money and solve your problem much more easily.

brainliest for the people who no why ro/blox not working to day

Answers

Here you go, Its in the picture.

Answer:

Try updating the game

Explanation:

Which of the following is the best example of clear and concise writing for a résumé?
a.
explored every avenue
b.
last but not least
c.
at this point in time
d.
finally


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer: D. finally

Explanation:

Answer: D. Finally

Explanation: I just did it on edge. Hope this helps!

__________ utility is the benefit marketing provides by allowing the consumer to own, use, and enjoy the product.

Answers

Answer:

Possession

Explanation:

POSESSION UTILITY can be defined as the type of Utility in which a person derived a value for owning a product reason been that POSSESSION UTILITY give such person who purchased a product the right to own the product by enabling such person to possess the ownership of the product and to use the product . Example a person who purchased a car bought it for the purpose of driving it around which means that such person has the POSSESSION UTILITY to own the car , drive the car and enjoy the car thereby deriving a value for owning the car .

The situation that allows the broker to appoint one or more agents for the client within the same firm, is called

Answers

Answer:

Designated agency.

Explanation:

These form of professionals are seen to be run professional duties in several contracting agencies where they are assigned to. This can be seen in real estate, marketing firms, culinery agencies etc. But the above case discuss about brokers. And here this contracting firm is seen to a certain number of workers to a particular firm. In many cases, these agencies do these in a bid to circumvent the conflict of interest inherent in dual agency.

Lindsay is in 11th grade and wants to be a physical trainer and work with athletes for her career. She wants to help them learn how to strengthen their muscles and keep their bodies in prime condition so that they will perform at their best. Which of these is a LONG-TERM goal? *
1.Get an 'A' on her anatomy test
2.Get an after-school job to help pay for college
3.Exercise after school to stay in shape for her upcoming varsity basketball season
4.Graduate from college with a degree in sports medicine

Answers

A long term goal is something that a person has that requires planning and most of the time, involves their career or what they want to do in the future, Something that isn't going to come to an end anytime soon. So, the answer is 4.

A lender offers an investor a maximum 85% LTV loan on the appraised value of a property. If the investor pays $160,000 for the property how much will the investor have to pay as a down payment

Answers

Answer:

the amount that have to pay as a down payment is $24,000

Explanation:

The computation of the down payment is as follows;

Loan = LTV ratio × price

And, the down payment is

= Price - loan

So, the loan is

= 85% × $160,000

= $136,000

Now the down payment is

= $160,000 - $136,000

= $24,000

Hence, the amount that have to pay as a down payment is $24,000

Which person has the highest taxable income?
Person A: Earns $50,000 per year with $5,000 in deductions
Person B: Earns $60,000 per year with $10,000 in deductions
Person C: Earns $90,000 per year with $30,000 in deductions
Person D: Earns $100,000 per year with $60,000 in deductions
A. Person B
B. Person D
C. Person A
D. Person C

Answers

Answer:

D. Person C

Explanation:

Taxable income is the difference between the gross pay and all authorized deduction.  

For person A : taxable income = $50,000 - $5000 = $45,000

For Person B: taxable income =$60,000 - $10,000 = $50,000

For Person C: taxable income= $90,000 - $30,000 = $60,000

For Person D: taxable income=$ 100,000 - $60,00= $40,000

Person C has the highest taxable income with $60,000

Answer: person c

Explanation:

a pe x

explain neck/ back pain and ways to help.

Answers

Answer:

Apply ice for the first few days.

Take OTC pain relievers, like ibuprofen

Take a few days off from sports, activities that aggravate your symptoms, and heavy lifting.

Use good posture.

Explanation:

Use a back brace or pain patches that can help and I feel like neck and back pain happens when u put too much stress in those areas which can cause the pain you are feeling

Which of the following is a characteristic of a checking account?

Easy access to funds through a debit card
Fee charged if money is removed early
High rate of return on deposits
Minimum money amount requirement to invest




Which of these factors is likely to have the greatest influence on purchases by consumers with a limited amount of cash on hand?

The price of a good or service
The price of alternatives or substitutes
Their own income
Their personal preferences

Answers

Answer:

Part 1: Easy access to funds through a debit card

Part 2: The price of a good or service

Explanation:

1. Easy access to funds through a debit card

A checking account is among the savings accounts offered by financial institutions. It is the regular or most common savings account in use. Checking accounts are risk-free and hence attract a low-interest rate.

A checking account does not restrict the number of withdrawals, unlike other savings accounts such as the certificate of deposit. Due to this reason, financial institutions have developed a debit card that allows access to the funds in a checking account. A debit card facilitates withdrawal from an ATM or making payments at a POS anytime as long as there are funds in the checking account.

2. The price of a good or service

A consumer with a limited amount of money is most concerned with the price of what they are purchasing. They will likely opt to buy goods and services with relatively lower prices.  Economists refer to such goods and services as inferior products, not because of their quality but due to their low prices. As income decrease, the demand for inferior goods increase.

3. Which of the following is not a characteristic of a service? (1 point)
O marketability
O variability
O inseparability
O intangibility

Answers

Answer:

marketability is not correct

Explanation:

Four characteristics of service are;

intangibility,

inseparability,

variability and.

perishability.

The characteristic of the service does not include marketability. As services are intangible so they are not marketed or shown to the customer physically.

What is service?

Someone or something that is intended to assist individuals who are assisting others is defined as a service. Services are not physically presented or seen by the people.

It is the experience felt by the customers.

Thus, option A is correct.

For further details about services refer to this link:

https://brainly.com/question/25464662

Explain why the Federal Reserve Bank might be concerned if the economy begins growing too quickly.

Answers

Answer:

To check against high inflation rate

Explanation:

Inflation is the steady increase in the prices of goods and services in the economy per period. Inflation is associated with economic growth. Naturally, as the economy grows, the prices of different products and services tend to increase.

When the economy is growing at a fast rate, the inflation rate tends to increase.  A rise in the inflation rate means prices are increasing at a high rate. When prices are unstable, planning and budgeting become challenging for individuals, firms, and the government. Inflation erodes the strength of a currency, which causes unstable prices and other economic challenges. The Federal Reserve keeps monitoring inflation and applies appropriate monetary policies to regulate economic growth and the inflation rate.

Prepare journal entries,On 25 September, you pay payroll for all employees, out of the company's bank account. Total gross salary was 5,750,000 and PAYE was 2,000,000. The salary is paid to the employees out of your company's bank account but PAYE payments will be made to the authorities in October.

Answers

Answer:

On 25 September, we have:

Debit Salary expenses for $5,750,000; Credit Bank for $3,750,000; and Credit PAYE payable for $2,000,000.

Explanation:

On 25 September, the journal entries will look as follows:

Date             Account Title                    Dr ($)                 Cr ($)          

Sep. 25       Salary expenses          5,750,000

                     Bank (w.1)                                             3,750,000

                      PAYE payable                                     2,000,000

                    (To record total gross salary.)                                          

Note that when the PAYE is eventually paid to the authorities in October, let say on October 5, the journal entries will look as follows:

Date             Account Title                    Dr ($)                 Cr ($)          

Oct. 05        PAYE payable                2,000,000

                     Bank                                                         2,000,000

                    (To record PAYE paid to the authorities.)                        

Workings:

w.1: Bank = Total gross salary - PAYE = $5,750,000 - $2,000,000 = $3,750,000

How can interest rate fluctuations impact a nation's economy?

Higher interest rates tend to attract foreign investors.


Lower interest rates limit credit availability for residents of a country.


Higher interest rates trigger intervention from the WTO and IMF.


Lower interest rates raise the value of a country's currency.

Answers

Answer:

A. Higher interest rates tend to attract foreign visitors.

Explanation:

I just took the test.

The marginal product of an additional worker multiplied by the price of the firm’s output is considered the ________.

Answers

Marginal revenue product of labor (MRPL)

After reading about primary and support activities in a firm's value chain, discuss how managers can create value by establishing important relationships among the value-chain activities both within their firm and between the firm and its customers and suppliers.

Answers

Answer and Explanation:

It is very significant for the managers to develop an important relationship in the value chain activities as it develop a positive impact on the company also it improves the employees morale.

The better the communication is, the better is the quality of the goods at the lowest cost

In the case of the inbound logistics and the suppliers, it would lead to decrease in the cost of inventory and at the same time it improve the quality of the products

Also when the customers have interacted with the manufacturing company so it would build trust and in return the company wants the loyal customers that ultimately increased the goodwill of the company  

A dealer in U.S. government securities quotes a 5-year Treasury note at 89.12-89.16. In dollars, that represents a spread of

Answers

Answer:

0.00125

Explanation:

In order to determine the spread of the dealer's quote, there is a need to undertstand that the first price quoted is known as bid price, which is the price the dealer is willing to purchase the securities while the second one is the ask price, the dealer's selling price.

From a conventional point of view(norm), the spread is the ask minus the bid price divided by 32 as shown thus:

spread=(89.16-89.12)/32=0.00125

SEND HELP 90 POINTS AND A CROWN

A(n) _____ is a consumer report that employers use to screen potential employees and check their credit, history, and legal status.
a.
background check
b.
computerized pre-employment test
c.
gatekeeper
d.
screening interview


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

a. background check

Explanation:

thats what they do when they're looking into your history

Answer:

Background check

Explanation:

This is a background check because a background check is used to check someone's credit, history, legal status, and criminal records.

Dennis Company purchases Miles Company for $4,200,000 cash on January 1, 2015. The book value of Miles Company's net assets reported on its December 31, 2014 financial statement was $3,800,000. An analysis indicated that the fair value of Miles's tangible assets exceeded the book value by $600,000, and the fair value of identifiable intangible assets exceeded book value by $320,000. What amount of gain or goodwill is recognized by Dennis

Answers

Answer: $520,000

Explanation:

The amount of gain or goodwill is recognized by Dennis would be calculated as:

Book value of net asset = $3,800,000

Add: Increase in the fair value of Miles's tangible assets = $600,000

Add: Increase in the fair value of identifiable intangible assets = $320,000

Fair value of net asset = $4,720,000

Less: Cash paid for purchase = $4,200,000

Gain = $4,720,000 - $4,200,000

= $520,000

Both employers and colleges often have a place for you to include your interests on their
O evaluation
O survey
O application
O wish list



The correct answer is application

Answers

application eiwkekwkw

who death was sadder itachi or minato or Jiraiya

Answers

Answer:

i would say Jiraiya

Explanation:

he was alone when ijt happen and was weak

Martha has $10,000 saved and wants to attend a college with a current tuition of $10,000 a year. She will graduate from high school in five years. Roughly how much more will Martha need to save for one-year’s tuition to account for an annual rate of inflation of 3%?

$1,590.00
$1,255.00
$300.00
$3,000.00

Answers

Answer:

$1,590.00

Explanation:

Martha has $10,000 saved one. She will join college after 5 years.

Tuition for one year is $10,000. Inflation rate is 3%

The applicable formula is A = P ( 1+ r) ^n

Where A = amount after 5 years

P= principal amount $10,000

r= interest rate 3% of 0.03

n = 5 years

A= $10,000( 1+ 0.03) ^5

A = $10,000 ( 1.03)^5

A= $10,000 x 1.159

A= 11,590.00

Marthe already has $10,000. She will need  11,590.00 - $10,000 more

=$1,590.00

What negative consequences might a company face if they failed to keep accurate financial records

Answers

Answer:

Taxes

Explanation: a negative consequence you may face is paying more taxes than what is called for, you have you pay it otherwise tax fraud is a thing. Not only that but when tax return comes around you won't get paid the full amount. Hope this helps.

Health benefits are an example of ____ income.

Labor
rental
interest
non of the above

Answers

Health benefits are an example of interest income.
Interest income . Brainliest plss

Jaiden is in 6th grade and plans to attend college. He has created a college preparation plan. 1. He will fill out the FAFSA form and send it in immediately. 2. He will ask his parents if they have a college savings account. 3. When he gets to high school, he will start trying harder in school so he can qualify for academic scholarships. 4. During his last year of high school, he will get involved in sports and clubs he enjoys to qualify for scholarships. 5. Upon graduation, he will start saving money for college. Which statements identify errors in Jaiden’s plan? Check all that apply. He should wait until his last year in high school to fill out the FAFSA. He should start saving right away. It is never too early to start a savings account. He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break. He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them. While in high school, he should quit all extracurricular activities so he can work more hours and save money. He should ask all his friends and neighbors to contribute to his college fund so it will grow faster.

Answers

Answer:

-He should wait until his last year in high school to fill out the FAFSA.

-He should start saving right away. It is never too early to start a savings account.

-He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break.

-He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them.

Explanation:

Answer:

1

4

5

I did the test and pretty sure i got it correct

This table shows the descriptions of careers of three individuals.

Individual



Career Descriptions



Derek



Drives a mobile running store in a van that sells racing gear to runners at running events, such as marathons



Taylor



Stands by the entrance and exit of a retail shoe store and collects money for the merchandise that customers are buying



Rashida



Oversees that the aquariums for a fish tank store are made, stored, and transported according to schedule





Which best describes the career each individual has?

Derek is a Driver/Sales Worker, Taylor is a Customer Service Representative, and Rashida is a Supply Chain Manager.
Derek is an Entrepreneur, Taylor is a Cashier, and Rashida is a Survey Researcher.
Derek is an Entrepreneur, Taylor is a Customer Service Representative, and Rashida is a Survey Researcher.
Derek is a Driver/Sales Worker, Taylor is a Cashier, and Rashida is a Supply Chain Manager.

Answers

Answer:

Derek is a Driver/Sales Worker, Taylor is a Cashier, and Rashida is a Supply Chain Manager.

Explanation:

Derek's core mandate is to sell racing gear. The vans act as his store. Dereck can be best described as a salesperson or a sales worker. Because he drivers his van around, he is a driver/sales worker.

Taylor is assigned the role of collecting money from customers who buy merchandise. He has to ensure every customer pays the collect amount and is given the right change if there is a need. The functions of Taylor are those of a cashier.

Rashida supervises the making and delivery of aquariums fish tanks. He controls and directs the actions of others to ensure objectives are met. Rashida is a supply chain manager as this role revolves around ensuring customer orders are delivered on time.

An investment adviser representative may share in the profits and losses of a customer's account A) under no conditions B) provided a written contract is executed between the investment adviser and the client C) if the investment adviser representative deducts the advisory fee charged the customer from any profits earned D) as long as both the customer and the representative's employer give written consent

Answers

Answer: under no condition

Explanation:

An Investment Advisory Representative (IAR) are the individuals that are authorized and licensed who give investment advices to investment companies. They typically work as a financial advisor.

It should be noted that an investment adviser representative may share in the profits and losses of a customer's account under no conditions. They cannot share in the appreciation of capital.

Therefore, the correct option is A.

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