why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month
Answer:
C.
Explanation:
I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.
The correct option is (C). it grows savings at a faster pace is a higher interest rate important when saving money.
A higher interest rate means that the saver will earn more interest on their savings, which will grow their savings at a faster pace.
Option (A) is incorrect because interest is only paid on principal, not on interest.
Option (B) is incorrect because a higher interest rate will not mean that a person will owe the bank less over time.
Option (D) is incorrect because a higher interest rate does not require a lower amount to be deposited each month.
Here is an example to illustrate this point. Let's say you have $1,000 in a savings account with an interest rate of 1%. After one year, you will have earned $10 in interest.
If the interest rate on your savings account were 2%, you would have earned $20 in interest after one year. Therefore, a higher interest rate will help your savings grow at a faster pace.
A higher interest rate will help your savings grow at a faster pace because you will earn more interest on your savings.
Learn more about interest,here:
https://brainly.com/question/32946283
#SPJ6
You are in charge of purchasing supplies for a lighting company and need to buy 125 feet of electrical wire. A local supplier sells the wire for $1.25 per foot, plus 5% sales tax. An online company sells the wire for $1.75 per foot. The online company also offers a rebate of 10% for the whole order and charges no additional sales tax. If you choose the better of the two prices, how much will you pay for the 125 feet of wire?
Answer:
$164.06 for the 125 feet
Explanation:
total costs from brick and mortar store = ($1.25 x 1.05) x 125 feet = $164.06
total costs from online store = $1.75 x (1 - 10%) x 125 feet = $196.88
after you compute the total costs per store, you should purchase the electrical wire from the brick and mortar store
Samantha makes $250.00 a week and saves 10% of her paycheck each week. How much will she save in 12 months
Answer:
300
Explanation:
You have to find 10% of 250(25 ofc) Then multiply that(25) By 12
this is what i get for missing online lessons haha
Answer:
22.28%
Explanation:
As per the pie chart
Variable costs: £2,150.00
Fixed costs £7,500.00
Total weekly costs = variable costs + fixed costs
= £2,150.00 +£7,500.00
=£9,650
Variable costs as a percentage of weekly costs
= £2,150/£9,650 x 100
=22.279792%
=22.28%
Script between manager and customer while returning a product?
Answer:The principal thing you need to do when there's any issue, paying little heed to who's to blame, apologizes and pass on sympathy. You need to help settle their issue, yet you likewise need to ensure that their interests are heard and perceived. The contents underneath will cover the fundamental issues of value blunders, request misunderstandings, and other item related issues.
At the point when the inaccurate delivery address is entered. It would appear that your request transported to some unacceptable location. So heartbroken about that. We will send another [product name] to your location, and it ought to show up inside the following week.
At the point when an item is rarely conveyed: So sorry to learn that, [insert name]. Allow me to raise your request so we can perceive what occurred and get another [product name] shipped off you.
I'm so heartbroken about the mistake. We should perceive what we can do about amending your request.
At the point when the item is gotten broken: I'm so grieved about that. In the event that you send a photograph of the harmed [product name], we'll feel free to convey another [product name]. Obviously, in the event that you'd like a discount, we can feel free to deal with that for you, also.
I realize this is not exactly ideal. In any case, I must converse with my chief and see what we can concoct to determine your issue. Is it alright in the event that I [call/email/message] you back once we have a goal? I guarantee it will not take longer than 24 hours.
At the point when the item isn't what they expected: I'm sorry to such an extent that the [product name] wasn't what you anticipated. Might you want to return or trade your [product]? Continue with a discount/merchandise exchange.
At the point when the item is an alternate tone or size than what they requested: I'm so grieved about that, let me feel free to convey the right size/shading that you at first arranged. I will email you headings for restoring the item that we erroneously sent and send your [correct product] at the present time.
So heartbroken, [customer name], It appears we committed an error and sent the receipt to some unacceptable email. We're going on and resend your notice; you ought to get it inside 24 hours.
Explanation:
How does saving compare to savings?
Do you think the ad will change women’s purchasing habits when it comes to shampoo? Explain.
Answer:
Depends on the product
Explanation:
Women love different scents, but they prefer ingredients that destroy the dryness from their hair, so if, let's say. a brand like TRESemme Shampoo and Conditioner starts putting heathier ingredients into it, and will put a box onto the bottle commonly on the back with words that read "TRESemme Keratin Smooth Shampoo contains natural keratin which strengthens hair and makes it unbelievably smooth.. It can even make your chemically-treated and damaged hair as smooth as before!" this can influence women's thought's to buy this product, so yes, yes an ad can influence a women's purchasing habits'.
Long story short: yesWhy is it important to invest for your retirement? please explain :p
Lenders look at the credit score of a loan applicant in order to _____.
a.
verify the applicant’s annual gross income
b.
ensure that the applicant is financially responsible
c.
ensure that the applicant’s credit score is as high as possible
d.
see what types of loans the applicant has applied for in the past
Please select the best answer from the choices provided
A
B
C
D
Answer:
B
Explanation:
because they make sure you are responsible and careful with money
The correct option is b. ensure that the applicant is financially responsible.
Credit score:A credit score refers to the numerical expression depend upon a level analysis of a person's credit files, for presenting the creditworthiness of an individual. So for looking at the credit score, the applicant should be responsible financially.
Learn more about the loan here: https://brainly.com/question/24316795
am I correct or not? lmk
Answer: the answer is actually event marketing I only know that because when I was in normal schooling we played Quizlet all the time
Which of the following are steps in the Incident Reporting Process? (select all that apply)
review by management
develop changes in care
enact changes in care
record the incident
Answer:
review by management
develop changes in care
enact changes in care
record the incident
Review by management, develop changes in care, enact changes in care, record the incident are the following steps in the Incident Reporting Process.
What is Process?A process is a set of decisions and actions used to carry out work. Although we may not be aware of them, processes are present in every sphere of our lives, including work and leisure.
Employees who get sick or hurt at work are given the treatment and help they require thanks to an incident reporting mechanism. In order to manage and improve preventive measures, it also helps with the recording and tracking of incidents.
Therefore, all the steps are the part of Incident Reporting Process.
Learn more about Process, here;
https://brainly.com/question/29495738
#SPJ2
Khalil is a network engineer for a bank with branches all over the world. Why would Khalil’s position be very important to his company?
FASTTT
Answer:
Their role is important because they plan, construct, and manage networks to ensure they're optimized and functioning as intended. They're responsible for the foundation of an organization's IT system.
Explanation:
Answer:
Khalil’s position is indeed very important at his job. First of all, his job consists of working with computers, servers, network devices and other devices that are connected to one another. Devices that are connected to each other allow data to be shared, at Khalil’s job this is very important because the bank that he works for has branches all over the world and it is a key for the company to have good communication between all of the banks. Careers like Khalil’s are extremely important in our society today because of the fact that most of the communication in today’s jobs and schools is done virtually. Without network engineers our society would not function as is does now.
A naturalistic learning style fits a person who enjoys learning through _____.
listening to music
working alone
presenting a summary of a novel
comparing things found in nature
Answer: comparing things found in nature
Explanation:
Naturalistic learning involves the use of natural elements such as animals, plants, natural events and the environment in general to learn about various concepts.
People who would prefer this style of learning prefer to learn outdoors and are usually found comparing things found in nature to other things regardless of if they are indoors or outdoors. The strong attraction they feel to nature allows them to harness this learning style more effectively.
Answer:
comparing things found in nature
Explanation:
i got it right on my test
The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
Answer:
a.The rate of inflation
Explanation:
Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI
The rate of inflation would be most impacted to the purchasing power of people income
Therefore the option a is correct
The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
The rate of inflation
Explanation:
Where do most banks get the text to explain their calculations of interest?
Answer:
Schumer box/Truth in Lending Act
Explanation:
Subject: Accounting
Please answerr
On 1 May Sally owed William $400. On 21 May she purchased goods, list price $1440, subject to a trade discount of 25%. She returned one third of these goods on 24 May.How much did Sally owe William on 31 May? Include working.
A $630 B $720 C $1030 D$1120
Answer:
D) $1120
Explanation:
The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120
Answer:
l believe the answer is a
Forms of speech include all but the following _____.
argumentative
informative
entertaining
persuasive
Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Which of the following does NOT describe a benefit of a democratic education?
A. Decreased motivation and achievement
B. Deepened sense of social responsibility
C. Better communication and decision making skills
D. Development of well-informed citizens
Answer:
Explanation:
C I promise if not C it's A cause when I put a it was right and when my brother put c it was right so it's your choice
Sarah purchased 75 sweaters from a wholesaler for $16 each. She wants the markup percentage to be 18 percent. How much will Sarah's profit be per sweater?
What are five key features of a centrally-planned economy?
Answer: See explanation
Explanation:
A centrally planned economy is simply refered to as an economic system whereby the decisions regarding how resources will be allocated and distributed are done by the government.
Some of the features of a centrally planned economy include:
1. Ownership by the government.
2. The government is responsible for making economic decisions such as what to produce, for whom to produce and also how to produce.
3. Prices in the centrally planned economy are set by the price controls.
4. The economy is bureaucratic.
5. Laws are made by the government in the economy.
Businesses and _____________________ are accepting greater environmental
In addition to working on construction sites, where else might a sheet metal worker typically be employed?
community college
office
farm
factory
Answer:
factory
Explanation:
Just did the test your welcome.
True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location.
A lot of people do buy special insurance for their homes. Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location is a true statement.
Special insurance policy expressly are often made so as to offer a sure or verified form of protection in the event of some particular circumstances.The business or property that one has would need own set of special insurance coverages for the unforeseen risks and it is better to take a special policy that is based on one's geographical location.
Learn more from
https://brainly.com/question/18702109
Which of the following factors is unique to B2B buying and is not typically found in B2C buying?
Multiple Choice
- Decisions are usually made by individuals
- Most purchases are made at “list price” with cash or credit cards.
- There are a limited number of large buyers, often geographically concentrated in a specific area.
- Demand is based on consumer needs and preferences.
- Buyers engage in limited term or one-time-only relationships with many different sellers.
Answer:
There are limited number of large buyers, often geographically
Explanation:
the purpose of a budget is to do what?
O A. Earn a return on savings
O B. Make sure expenses are below income
O C. Reduce the size of fixed expenses
O D. Prevent discretionarily spending
The reason why we come up with budgets is to B. Make sure expenses are below income.
Why do we use budgets?
Budgets are beneficial because they help us spend our income in such a way that we still have savings and can take care of all our expenses.
This means that budgets help us to spend less expenses than income so that we can have savings.
Find out more on budgets at https://brainly.com/question/6663636.
#SPJ2
Sonic The Hedgehog has 5 lawn mowers, and wants to get rid of all of them, how does he sell his lawn mowers? Why?
Answer:
First why does he have 5
he can easily do it on his own since he's fast I think that's why but that doesn't explain why he has 5 lawnmowers
You borrow $50 for 1 year at 5% interest rate. What is the interest owed?
Answer:
i think it would be 100 dollars
Explanation:
you mulitpy original by 5 which comes out to 100
Which of these is true about the national unemployment rale!
A. All citizens are included in the labor force.
B. All people 18 years or older are counted as part of the labor force.
C. It is always at 6%.
D. It is never at zero.
Answer:
D. It is never at zero.
Explanation:
The unemployment rate is described as the percentage of the labor force that is jobless but actively seeking work. The labor force comprises an adult population that is currently working or seeking employment.
The unemployment rate is never at zero. At every moment, there is frictional unemployment as people switch jobs or new college graduates seeking their first job. There is also unemployment due to economic seasons. Even when the economy is considered to be at full employment, the unemployment level is not at zero but at around 3 to 5 percent.
