you were visiting your grandpa and you happened to find $5000 stashed in an old shoe box. he told you that he had been saving this money for over 20 years. a. explain to him other options he has.
b. explain and demonstrate the principles of compounding interest.

Answers

Answer 1

Answer:

(only a) the best option would be investing in stocks

Explanation:


Related Questions

In which type of bank do investors
pool their money into a collective
business in order to help each other?
A. Commercial banks
B. Credit union
C. Savings and loans bank
D. Brokerage firms

Answers

the correct answer is answer b. a credit union

The kind of bank do investors pool their money into a collective business in order to help each other is a credit union. Thus, option B is correct.

What is a Credit Union?

A credit union, which is comparable to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions often provide their members services similar to retail banks, such as deposit accounts, credit, and other financial services.

Credit unions, like banks, accept deposits, make loans, and offer a variety of other financial services. Credit unions, on the other hand, being member-owned and cooperative entities, offer a secure place to save and borrow at competitive rates.

A credit union is a customer/member-owned financial cooperative that is democratically governed by its members and exists to maximize the economic advantage of its customers by providing banking services at competitive and fair prices. Hence, option B is correct.

Learn more about Credit Union here:

https://brainly.com/question/13557890

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How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.

Answers

Answer:

Explanation:

There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.

process
of dividing a large market into smaller groups ​

Answers

Answer:

Market segmentation

Explanation:

Market segmentation, the process of dividing a larger market into smaller pieces based on one or more meaningful, shared characteristics, is a way of life for almost all marketers in both consumer and business-to-business markets.

can you please mark me 'Brainliest'? thanks

True or False?
Social workers work at both the state and national level.

Answers

True




Explanation: because true

A.product markets
B.resource markets
C.business
D.household

Answers

More than likely option C

The most helpful kind of business and why?

Answers

Answer:

Hair Salon

Explanation:

An hair salon is the most helpful kind of bussiness besides chothing store's because your helping people with their hair and geting a lot of money from doing a curtain style.

Applications of can help marketers determine which television shows current and potential customers watch,
allowing marketers to determine the value of advertising on a particular show.
O A. Big Data
B. customer relationship management (CRM)
OC. one-to-one marketing
OD. search engine optimization (SEO)
E. data mining

Answers

I’m guessing the answer is D

Why does the author refer to Antonio Cruz and Felix Varga as the "amigo brothers"? how were the boys alike? how were they different?

Answers

Answer:

this question is not perfect for this app

Well balanced people are more productive employees.
Please select the best answer from the choices provided
ОТ
OF

Answers

Answer:

True

Explanation:

Well adjusted individuals are workers who are more efficient. They often begin with targets.

They've got a long-term target. They provide quick priorities that endorse their lengthy objectives. Oriented still set their targets first.

First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.

Answers

Answer:

a. EAR for First National Bank  = 12.35%

b. EAR for First United Bank = 12.25%

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.

Calculate the EAR for First National Bank and First United Bank. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Explanation of the answers is now given as follows:

The effective annual rate (EAR) can be calculated using the following formula:

EAR = ((1 + (i / n))^n) - 1 .............................(1)

Where;

i = Annual interest rate of the bank

n = Number of compounding periods in a year

Therefore, we have:

a. Calculation of the EAR for First National Bank

i = Annual interest rate of First National Bank  = 11.7%, or 0.117

n = Number of compounding periods in a year = 12

Substituting the values into equation (1), we have:

EAR for First National Bank = ((1 + (0.117 / 12))^12) - 1

EAR for First National Bank = 1.12348257790079 - 1

EAR for First National Bank  = 0.12348257790079, or 12.348257790079%

Rounding to 2 decimal places as required, we have:

EAR for First National Bank  = 12.35%

b. Calculation of the EAR for First United Bank

i = Annual interest rate of First United Bank = 11.9%, or 0.119

n = Number of compounding periods in a year = 2

Substituting the values into equation (1), we have:

EAR for First United Bank = ((1 + (0.119 / 2))^2) - 1

EAR for First United Bank = 1.12254025 - 1

EAR for First United Bank = 0.12254025, or 12.254025%

Rounding to 2 decimal places as required, we have:

EAR for First United Bank = 12.25%

9/10
What do you need in order to fill out your 1040?
Your W-2
Your employer benefits documentation
Your credit card statement
Your job offer

Answers

Answer:

d

Explanation:

Answer:

Your job offer

Explanation:

took the test

Which Type of account is used to store money for longer periods of time and is more likely pay interest to the account holder?
O Checking Account
O Savings Account

Answers

Answer:

Saving account

Explanation:

A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.

PLEASE MARK ME AS BRAINLIEST

What are the total expenses for Forks Gym for the month of March?


$500

$3500

$2000

$1000

Answers

Answer:

7,000 is the answer

Explanation:

What type of Interests pays interest on interest?
O Compound Interest
O Simple Interest

Answers

Answer:

Compound interest

Explanation:

the answer to your question is compound interest to

Why does no one like me? i need answers.​

Answers

um I don’t know u very pretty tho

Answer:

nobody likes me either lol

Will the grading period effect what college you will go to later on?
A (True)
B (False)

Answers

Answer: A

Explanation:

Answer:

NO

Explanation:

Social media is only an effective tool for employment when used with other tools like resumes and blogs.
true or false

Answers

The answer is True your welcome!
False, social media is effective in another things as well

The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration

Answers

Answer:

B. Management.

Explanation:

Management can be defined as the process of controlling and making decisions about a business.

The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.

Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.

Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.

So I want to say that I want to be a police or an FBI but also want to be a business woman what do I do or what do I need to know?

Answers

if u are good at communicating and u are good at making decisions be a businesswomen. if ur good in history and u do a sport and can be alert be a police officer. follow ur gut don’t feel pressured and than regret taking it. remember people still don’t know their major in college so don’t rush.

When they use Internet ads, marketers get their audience involved by using
interactive content such as
A. links and surveys
B. unique selling propositions
C. scripts and storyboards
D. endcaps and kiosks

Answers

Answer:

A links and surveys

Explanation:

Marketers use interactive content such as links and surveys to get their audience involved in Internet ads.

What are Internet ads?

Online advertising or Internet ads is a type of marketing and advertising that uses the Internet to promote products and services to audiences and platform users. Email marketing, social media marketing, various types of display advertising (including web banner advertising), and mobile advertising are all examples of online advertising.

While using Internet for advertisement or ads, marketers get their audience involved by using interactive content such as links in the social media platforms and conduct surveys using the internet.

Therefore, the correct answer is option A.

To know more about Internet ads, click here: https://brainly.com/question/19820083

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1. What is the current balance that Joe Doe owes? $1270.54

2.What is the total amount that Joe charged for this billing cycle?

a. List the purchases that Joe made.

3. How much did Joe pay for his last payment?

4. Why was Joe charged $35 by the credit card company?

5. How much interest was Joe charged for this month?

6. What is the credit limit that Joe has for this credit card?

a. What is Joe’s available credit?


7. What is APR for purchases for this credit card?

8. What is the minimum payment amount that Joe must make?

9. When is the due date for Joe to make a payment?

10. Did Joe take a cash advance on this credit card?

11.Why did you think the federal government requires that financial institutions place a “Total Minimum Payment Warning” on all credit card statements?

Answers

Explanation:

1. $1270.54. This is evident since this was written at the bottom of the credit card statement.

2. $500. We find this under the row for payments.

Purchases made:

3/25 Groceries land: $1423/27 Book store: $334/1 Restaurant: $1254/19 Bob's Auto: $425

3. $500

4. Because he made late payments and it comes with a $35 penalty fee as stated in the credit policy of the company.

5. $10.54.

6. $5,000 credit limit, and $3,729.46 is Joe's available credit line.

7. Purchases: 13.99%, Balance transfers: 13.99%, Cash Advances: 25.99.

8. $25.

9.  4/29/19.

10. No, because there is no cash advance charge on the statement.

11. In other to inform the card-holders about the financial burdens attached to paying only the minimum payment due.

CAN TEACHER SAY you're NOT SMART TO STUDENTS?

Answers

UH no. If the students aren’t smart then obviously the teachers aren’t either because they aren’t teaching them right

Answer:

NO that's not ok at all! they're not supposed to

Describe at least three variable cost Walmart has

Answers

are you sure you worded that correctly?

When was the International Association of Exhibitions and Events founded?

Answers

Answer:

1928

Explanation:

hope this help:)) 100% correct

Answer: 1928

Explanation:

(1) State which marketing environment affected Xerox's operation. (1mks)

(b) From your answer above, discuss which specific area from that particular enviroment affected how Xerox conducted business. (5mks)

Answers

Answer a:

Clearly, Xerox had one major issue concerning its marketing environment.

Due to technological changes, i's primary market was shifting and changing. Xerox didn't see it. Perhaps they did and decided it (the changes that is) not

Explanation:

One keyword or practice or culture or capability that was missing in Xerox was adaptability. Had they envisaged the future and created some internal structure to gradually cater to the changing requirements of their client base, they'd probably still be in business today.

So in a way, it wasn't really the change in the market that affected Xerox. It was Xerox' inability to respond to such changes that did it in. At some point, it became apparent to investors that Xerox was incapable to move with the next tide. They withdrew their funds, sold their shares and the rest is history.

Answer b:

The major area that affected how Xerox conducted business is the technology enviriomment.

Explanation

Due to the availability of technology which made it possible, peoples mindset were beginning to shift from keeping hard copies and or duplicating them to keeping electronic copies.

Two things made this idea very attractive:

1. It reduced cost greatly. In every era, cost reduction has always been an attractive business proposition for companies in any sector or subsector. As firms discovered they could cut down by keeping electronic copies of their documents, the idea quickly caught on. And so did the profits made by the renowned copier decline.

2. Another factor strenghtened the decline in making and keeping hard copies of documents is the ideology that the more papers we made, the more we were damaging our environment.

Companies that quickly adjusted even used their paper reduction efforts as a unique selling marketing proposition.

Cheers

When was the first convention center built?

Answers

Answer:

1851

Explanation:

hope this helps :)

Answer:

1851

Explanation:

Among the first historical convention centres constructed was The Crystal Palace in London's Hyde Park. Providing 92,000 m2 of exhibition space, the building was erected in 1851 to house The Great Exhibition a grand show case of modern industrial technology and design

your friends, jim and joey (16) are twin brothers and just received a $1000 inheritance from a wealthy aunt. jim wants the two of them to put their money together and buy a 4-wheeler. joey says he wants to put his money in a savings account. jim comes to you to ask you to help persuade joey to buy the 4-wheeler. what is your best financial advice?

Answers

The best argument to persuade Joey to buy the 4-wheeler is to inform him that keeping the money in a savings account would cause that money to loose value overtime (due to interest rates). Therefore, to ensure the best use of the $1000, it is ideal to use that money rather than save it.

Welfare includes all of the following EXCEPT
(a) Social Security
(b) Medicare
(c) Occupational Safety and Health Administration
(d) Medicaid

Answers

Answer:

(C) Occupational Safety and Health Administration

PLZ HELP ME!!!!!!

Which statement about credit card interest rates is TRUE?

A.) The more money you spend on purchases, the higher your interest rate will be

B.) A high interest rate means you'll pay MORE money total

C.) A high interst rate means you'll pay LESS money total

D.) Most credit cards do not charge any interest rate

Answers

Answer:

I think its A?

Explanation:

A or B it’s probably A but there is a chance it’s B SORRY ITS REALLY HARD TO CHOOSE FROM THE TWO! :3

How is Young's modulus of a material defined?

What’s the answer

Answers

The Young's Modulus (or Elastic Modulus) is in essence the stiffness of a material. In other words, it is how easily it is bended or stretched. To be more exact, the physics and numerical values are worked out like this: Young's Modulus = Stress / Strain.

Answer:

The Young's Modulus (or Elastic Modulus) is in essence the stiffness of a material

Explanation:

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