Which interest rate will be higher: the interest rate the bank pays you on your savings account or the interest rate the bank charges you for a loan? Why?

Answers

Answer 1

Answer:

The interest rate the bank charges you for your loan.

Explanation:

The bank is trying to make money, so the bank is going to PAY you a lower interest rate on your savings account, but CHARGE you a higher interest rate on your loan.  Then, the bank makes more money out of the deal.


Related Questions


Which of the following is a factor in determining what laws and regulations
affect a particular business?
A. Date business was founded
B. Design of business logo
C. Business size
D. Business name

Answers

I think the answer is c because it affects how companies structure their business and where they decide to locate.

Please click on the ❤️. Thanks!

Answer:

C. Business size

Explanation:

what is bheja?,,,,,,,,,,,​

Answers

Answer:

search it up :)

Explanation:

use the interne(t).

Ishmael has four potential jobs to consider, each with different salary offers. From highest to lowest, the salaries are: $58,500, $57,000, $56,000, and $53,000. Based on the information provided, what is the opportunity cost of Ishmael accepting the position that pays $56,000

Answers

Answer:

highest paying position

Explanation:

In the field of economic, "opportunity cost" may be defined as the loss of the potential gain from among the alternatives that were provided when one of the alternatives were chosen over the other alternatives. In other words, it is the loss of a benefit for a person who could have enjoyed if that person would have not taken the choice.

Opportunity cost helps to make decisions properly.

In the context, Ishmael has been offered four potential jobs  from highest salary to lowest salary. Based on this information, the opportunity cost of Ishmael  to accept the position which pays him $56,000 is the highest paying job.

determining the price of goods should be done after calculating income and expenditure ??​

Answers

Answer:

False

Explanation:

There are several methods that businesses use to determine the price of goods and services. The most common one involves first calculating the cost of production or the cost of goods sold.  The desired markup is added to the cost. Other methods include the break-even analysis, target prices, and going by the market rate.

In all these methods, the price is determined selling starts. It means the price is set before selling starts. Therefore,  income cannot be generated before a price is determined.

True or False? When completing the Self-Evaluation Section of Your Career Plan- In your Freshman Year, your numbers will probably be a little lower than your Sophomore, Junior and Senior years of High School.

Answers

Answer:

True. (unless your in advanced classes)

if your in advanced classes you would be classified as smarter than a certain grade level.

sorry if this doesn't help.

Identify three likely affects of an increasing global population

Answers

Answer:

(1) effects of large families on child development, (2) educational problems, (3) lags in new technology, (4) increased inequities in agriculture, (5) unemployment and underemployment.

Explanation:

you can choose 3 from those.

An entry with two or more debits or credits is called a

double journal entry
duplicate journal entry
compound journal entry
a mistake

Answers

Answer:

compound journal entry

Explanation:

The Double -entry is a bookkeeping technique where transactions are recorded in two or more accounts. Most transactions will affect two accounts. One of the accounts is debited, and the other one is credited. It is also possible to have both accounts debited or credited.

Some transactions may require more than two entries. These are the transactions that affect more than two accounts. For example, Goods sold on discounts or goods sold partially on credit and partially cash. The journal entries for such transactions are compound entries.

An entry with two or more debits or credits is called a compound journal entry.A compound journal entry refers to a type of accounting entry that involves multiple debits and/or credits.

In a compound journal entry, two or more accounts are affected simultaneously to record multiple transactions or adjustments.

These entries are used when a single transaction or event affects multiple accounts and requires multiple debits and/or credits to accurately reflect the financial impact. Compound journal entries are commonly used in complex transactions such as the issuance of stock for a combination of cash and non-cash assets, the acquisition of assets through a combination of cash and liabilities, or the allocation of costs among multiple departments or projects.

The compound journal entry format typically includes multiple debit and/or credit lines, each indicating the specific account, the amount, and a brief description of the transaction or adjustment being recorded. This helps ensure proper documentation and transparency in the accounting records.

Overall, compound journal entries are an essential tool in accounting to accurately capture complex transactions and provide a comprehensive view of the financial impact on multiple.

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What are the three basic functions of money ?

Answers

Answer: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.

The three basic functions of money are store of value, unit of account, and medium of exchange.

What is money?

The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.

There are the three basic money functions such as medium of exchange to currency, it was the paper note into the monetary term. Money was the basic purpose of the buying and selling. It was the easily to the store and spend on as per the conveniently.

As a result, the significance of the three basic functions of money are the aforementioned.

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Your new health insurance has a $4000 deductible. What does that mean?

Answers

What the other Person said because yes

According to Career Horizons,
of jobs are not advertised.
O 90 to 100 percent
O 30 to 40 percent
O 10 to 20 percent
O 70 to 80 percent

Answers

30 to 40 percent the second one

HOW IS EVERYONE i love u all and enjoy helping you where u may struggle

Answers

I LOVE YOU. i am good thank you :) how are you??

Answer:

THANK YOU SOOO VERY MUCH. I need assistance with my question

Type the correct answer in the box Spell all words correctly.
A company decides to diversity a product by creating a new product range, which stage of the its life cycle is the product most likely in2
A company decides to diversify a product by creating a new product range. It is most likely in the
_______stage

Answers

Answer:

maturity

Explanation:

Answer:

maturity

Explanation:

got it right

In which situation would a savings bond be the best investment to earn interest?


Answer: if you are putting aside a chunk of money to purchase a house in five years

Answers

Answer:

If you are keeping aside a large amount of money to purchase a house over a period of five years

Explanation:

Savings BOND would be the best investment to earn interest in a situation where a person or an individual decide to keep aside a large

amount of money or huge sum of money to purchase a house over a period of five years in order to earn interest which mean that the maturing date for keeping the money will be in the next five years in which the person who issued out the bond which is known as the issuer will have to pay back the investor the interest amount generated for saving the large amount of money.

Answer:

C: If you are putting aside a chunk of money to purchase a house in five years

Explanation:

Bc I'm smart.

Why would it be a good idea to mix stocks and bonds in your investment portfolio?

Answers

Answer:

To have more variety and just more in general!

Explanation:

Hope this helps!

Advertisements that attempt to target a large, diverse group of potential consumers rely on which of the following techniques? Market segmentation Mass marketing Mass advertising Differentiated marketing

Answers

Answer:

Mass marketing

Explanation:

Mass marketing is the title given to a marketing campaign that targets a wide range of audiences. In mass marketing, the business ignores market segmentation and employ a single strategy to sell to all customers. The objective of mass marketing is to reach as many potential buyers as possible.

Mass marketing is a contrast to targeted marketing, which aims to reach a specific group of customers.

TRUE OR FALSE: Take-home pay minus total living expenses equals money available for savings and investment

Answers

Answer:

TRUE

Explanation:

Take-home pay is the gross pay minus all deductions. Deductions include statutory and voluntary deductions. Take home is the money that gets to the employee's bank account.

In most households saving and investment are done after meeting the basic expenses. In other words, people will save or invest after meeting their basic needs. Therefore, take home minus total expenses necessary for life is saving and investment

Please list 3 New Years Resolutions and explain why you chose these.

Answers

Answer:

get better at outdoor skills, do more exploration, go sky diving

Explanation:

out door skills for survival situations more exploration cause its a fun way to get in exercise and sky diving cause its cool

You have agreed to hire a new employee from England. Part of the hiring agreement is to pay for moving costs. If the agreement was 10% of their salary to cover costs of moving and they were hired at $65,000/year. If moving costs totaled $6,000, did the employee receive enough money to cover their moving costs

Answers

Answer:

Yes, the employee receives enough money to cover their moving costs.

Explanation:

The following are given in the question:

Annual salary = $65,000

Percentage of salary agreed to pay as moving costs = 10%

Total moving costs paid by the new employee = $6,000

From the above, we have:

Moving costs agreed by the employer to pay the new employee = Annual salary * Percentage of salary agreed to pay as moving costs = $65,000 * 10% = $6,500

Since the $6,500 moving costs agreed by the employer to pay the new employee is greater than the $6,000 total moving costs paid by the new employee, the employee therefore receives enough money to cover their moving costs.

if an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, that would be considered

Answers

Answer: An unfair trade practice

Explanation:

Insurance guaranty associations are the organizations that help in the protection of the interest of the insurance policyholders in a case whereby there's insolvency on the part of the insurance company.

In a scenario whereby an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, this is not appropriate and should be termed to be an unfair trade practice.

Click this link to view O*NET’s Skills section for Film and Video Editors. Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Film and Video Editors? Select three options. repairing reading comprehension critical thinking equipment maintenance active listening installation

Answers

Answer:

the correct answer is bce!

Explanation:

edg 2021

According to O*NET, The common skills needed by Film and Video Editors are reading comprehension, critical thinking and  active listening. Option (b) (c) and (e) are correct.

What do you mean by Skill?

The capacity to employ knowledge efficiently and flexibly in execution or performance is known as skill.

Insurance underwriting is the second most prevalent hard skill for an insurance underwriter, showing up on 8.1% of resumes. 7.9% of resumes list insurance coverage as their third most prevalent item. Detail-oriented ness, interpersonal abilities, and quantitative prowess are three of the most important soft skills for insurance underwriters.

To generate news ideas, receive assignments or analyze leads or tips. To give thorough and reliable information, research the background of a story. Set up interviews with others who may have knowledge to provide regarding a story.

Therefore, Option (b) (c) and (e) are correct. Reading comprehension, critical thinking and active listening.

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skipppy boop bom po part 2

Answers

PLSSS WHY HE LOOK LIKE THAT
BAHAHAHA I AM DEAD PLSSSSS it is 3:00 am and i am dying

A political leader takes power by fighting for it with the military. He wasn’t voted into power,but tries to do a good job. What kind of leader is he?
A.
Free rein leader
B.
Toxic leader
C.
Authoritarian leader
D.
Narcissistic leader

Answers

C good luck byeeeeee
The correct answer is c

Which type of budget indicates more expenses than income?
O O O O
a deficit budget
a balanced budget
a debt budget
an equity budget

Answers

Answer:

a deficit budget

Explanation:

A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.

An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.

The availability of a commodity is referred to as its
demand.
distribution.
surplus.
supply.

Answers

Answer:

supply.

Explanation:

Supply is the volume or quantity of a product that is available for customers to buy. It is what suppliers have presented in the markets for sale. As per the supply law, an increase in prices will lead to an increase in the quantity supplied.

There can be a shortage, excess, or equilibrium supply. A short supply or shortage is when the available products cannot meet the current market demand. An excess or surplus supply is when the available quantity is more than the market requires. At equilibrium, the supply matches the market demand.

he avenues a business uses to reach customers, like a website, store, or advertising, defines which section of the Lean Canvas Business Model? A. channels B. product C. key metrics D. revenue

Answers

Answer:

A. channels

Explanation:

A Lean Canvas Business Model can be defined as a simple but fluid diagram contained in a single page document used for describing an entire business plan or business model at a glance.

The Lean Canvas Business Model was adopted and created by Ash Maurya from the Business Model Canvas of Alexander Osterwalder.

Basically, it is a business framework that is based on strategic informations such as business problems and solutions, competitive advantage and key metrics (indicators), cost, pricing, channels etc.

Hence, the avenues a business uses to reach customers, like a website, store, or advertising, defines the channels section of the Lean Canvas Business Model. Channels comprises of inbound and outbound channels. The inbound channel is a medium used for bringing in customers to your business such as blogs, websites, social media applications, white papers etc. Also, the outbound channel such as Ads, trade fair, calls, convention etc., leads the business to the entrepreneur's customers and potential buyers.

tripp ran 4.8 times as many laps as tony if tony ran 3.7 laps how many laps did tripp ran

Answers

Answer:

17.76 laps

Explanation:

Tony ran 3.7 laps.  tripp ran 4.8 time more.

tripp ran

=3.7 x 4.8

=17.76

After first obtaining a real estate sales license, said licensee must take how many DRE core three-hour approved continuing education courses in order to renew their license

Answers

Answer:

5

Explanation:

Match the types of expenses with the correct descriptions

A) Occur at different times
throughout the year and
tend to be in large lump
sums, like college tuition
payments and car repairs
1. Variable Expenses

B)Things you don't
necessarily need, like eating
out, gifts, and candy

C) Change in dollar amount
every month and include
things like utility bills,
gasoline, and groceries

D) Remain the same from month to month like rent and insurance premiums

1) Variable Expenses

2) Fixed expenses

3) Discretionary Expenses

4) Intermittent Expenses

Answers

Answer:

See below

Explanation:

1). Intermittent Expenses

Occur at different times throughout the year and tend to be in large lump sums, like college tuition payments and car repairs.

Although intermittent expenses are irregular (do not occur monthly), the amounts involved are predictable.

2). Variable Expenses

Change in dollar amount every month and include  things like utility bills,

gasoline and groceries

variable expenses are the business expenses that change as the production volume changes. Variable expenses are directly related to the output of a business.

3) Fixed expenses

Remain the same from month to months like rent and insurance premiums

Fixed costs are constant. They are not expected to change in the current financial year.

4) Discretionary Expenses

Things you don't  necessarily need, like eating

Description costs are unnecessary or non-essintial expenses. A business or household will continue functioning even without the discretionary expenses.

Answer:

When I Entered the below I got 100%

Explanation:

A) Occur at different times throughout the year and tend to be in large lumo sums, like college tuition payments and car repairs.

Answer - Intermittent Expenses

B) Thins you don't need, like eating out, gifts, and candy.

Answer - Discretionary Expenses

C) Change in dollar amount every month and include things like utility bills, gasoline, and groceries.

Answer - Variable Expenses

D) Remain the same from month to month like rent and insurance premiums.

Answer - Fixed Expenses

Point A on the PPC represents what

Answers

Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.

she ripped my (finish the sentance)

Answers

Answer:

band-aid off my knee?

Explanation:

Answer:

duct-tape off of my mouth

Explanation:

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