When a bank says their savings account earns 1% interest, that typically means you will earn 1% interest over what period of
time (Note: this is not referring to the compounding frequency or frequency of interest payment)?

Answers

Answer 1

Answer:

one year

Explanation:

The interest rate quoted by banks and other financial institutions applies for one year. Money deposited will earn the interest rate quoted if it stays with the bank for twelve consecutive months. In other words, the interest rate is for one year. Should a customer withdraw before one year is over, the bank will prorate the interest earned.


Related Questions

1) The Johnson Manufacturing Co. has an annual operating budget of $750,000. Each year it budgets for the following expenses: pollution control equipment, $37,000; contributions to community projects, $22,500; employee fitness/sports programs, $7,500.

a) What percentage of the annual budget if allocated to each socially responsible action (pollution control, community projects, fitness/sports)? What is the total spent?

Answers

Answer:

See below

Explanation:

The percentage allocated to each socially responsible action

1. pollution control

Pollution control has been allocated is $37,000

As a percentage

= $37,000/$750,000 x 100

=0.0493333 x 100

=4.933%

2. Community project

community project has been allocated $22,500

As a percentage

= 22,500/750,000 x 100

=0.03 x 100

=3%

3. Employee fitness

The amount allocated to employee fitness is $7500

As a percentage

=$7500/$750,000 x 100

=0/01 x 100

=1%

4. The total amount spent is

=, $37,000 +$22,500 +$7,500.

=$67,000

Please help me with this guysssssss
1. The nominal interest rate is8% and the inflation rate is 6%, what is the real rate of interest?

2. If the real rate of interest is 2%, and the expected rate of inflation is 3% then the nominal rate of interest is:

Answers

Answer:

hmmmmm let me think first sorry for not helping but have a great day sir

Please help me. I’m struggling. I will mark you as brainliest !!

These questions are written to help you better understand the material. Take the time to answer them carefully Identify the type of business described in the following scenarios:
a) Rosa and Miranda own a food truck together. They make business decisions together and
share all profits and liability. What type of business do they run?

Answers

Answer:

it is partnership

Explanation:

hope that helps

Explain why it is important to have some goals when developing a budget plan?

Answers

Answer:

U might go broke on tha cash

Explanation:

Name two things that can happen during a strong earthquake

Answers

Answer:

An earthquake damages buildings and land, Violent shaking from an earthquake collapses buildings, which causes the most deaths and casualties, and destroys power lines and ruptures natural gas supply lines, causing fires. Land can also collapse or pull apart, causing more buildings to fall

Explanation:

g00gle

NEED ASAP PLEASE
Select the correct text in the passage.
Hussein is writing a response rejecting a customer’s request for a product replacement. Select the text in the passage that shows the reasons he gives for the negative message.

Thank you for writing to us regarding your request for a replacement fan.

To guarantee customer satisfaction, we extend a warranty of 90 days on this product for all our customers. If returned within 90 days, we offer replacements free of charge.

Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement.

As an alternative, we can offer a 20 percent discount on any other product you wish to purchase from our store. We look forward to doing business with you again.

Answers

Answer:

Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement

Explanation:

Hope it helps!


If the payment is not made on the credit card by the end of the billing cycle,
which of the following will occur?
A. A penalty APR will be assessed.
B. A late fee will be charged.
O C. A minimum monthly charge will occur.
O D. Interest will be charged.

Answers

Answer:

A late fee will be charged.

Explanation:

hope this helped

A late fee will be charged will occur If the payment is not made on the credit card. Thus, option B is correct.  

What is a credit card?

A sort of financial institution provided by financial institutions is a credit card, which enables users to borrow money up to a pre-approved credit limit. Customers can use it to transact in the purchase of products and services.

A fixed investment or managed fund can be used as collateral when an issuer offers a secure credit card. Sometimes in circumstances, you may additionally need to provide a security deposit.

In the event that you don't pay the required transaction due upon the credit card statement each week, you will be assessed a late fee in the next billing cycle. If you consistently make missed fees, your card company may increase your lending rate and lower your overall credit score.

Therefore, option B is the correct option.

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What should you do when you have multiple goals that conflict with each other?

Answers

probably drop one of the goals or find a different time to do it

Please help. I’m struggling. 20 points !!!!

To propose the idea of creating a partnership with another business, you will need to prepare
a formal business letter to send to the owner of Great BBQ, Hank White. This proposal should
introduce the following ideas:
Forming a partnership would allow both restaurants to sell the other's product and
merchandise.
The partnership would expand both of our businesses and customer base.
.
A more detailed meeting and presentation will follow if Great BBQ is interested.
Prepare a business letter to send to Great BBQ. (8 points)

Answers

Answer:

The letter could be somewhat like this:

Dear Hank White, CEO of Great BBQ

I am John Smith, I am the CEO of a meat distributor. I specialize in prime cuts like New York Ribeye, Tenderloin, and Wagyu Beef with the best Japanese Technique.

I am sure that as business partners, we both could do better than we do right now. I have the best raw material for your restaurant business, and you have the BBQ expertise and knowledge.

I would appreciate if you considered this letter, you can call me any time if you want to discuss further, or write me an email-.

Sincerely

John Smith

someone help me. i have no clue oml

Answers

Answer:

Get a dice and roll it.

Explanation:

Which sentence best paraphrases the passage?

Immigrants were examined for physical and mental illnesses.
A doctor’s examination was a quick process.
The doctors were from the United States Health Service.
One doctor looked for physical and mental abnormalities.

Answers

Answer:

A). Immigrants were examined for physical and mental illnesses

Explanation:

Answer:

a

Explanation:

Why price will be low in a market economic system?
Other than competitors

Answers

Answer:

In a market economy Price is determined by demand and supply, for example when there is a low price for a good it means the demand is low. However in market economy price for abundant goods never gets high to a critical point due to the fact of consumer sovereignty environment which consumers are the rulers for suppliers.

please urgent please help

If you were to apply for an administrative personnel position, what might you explain about yourself so that you sound qualified for the job?

“I am good at coming up with meal plans for the office.”

“I am good at filing and organizing paperwork.”

“I am good at replacing light bulbs when they burn out.”

Answers

i am good at filing and organizing paper

Answer:

b

Explanation:

The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625

Answers

Answer:

$2,625

Explanation:

Interest is calculated using the formula

I = p x r x t

For Galindo family

I= interest,

P = principal amount : $10,000

r= Interest rate: 7.5 % or 0.075

t= times in years : 3.5 years( 42 months /12)

I= $10,000 x 0.075 x 3.5

I=750 x 3.5

I=$2,625

The Johnson Manufacturing Co. has an annual operating budget of $750,000. Each year it budgets for the following expenses: pollution control equipment, $37,000; contributions to community projects, $22,500; employee fitness/sports programs, $7,500.

What percentage of the annual budget if allocated to each socially responsible action (pollution control, community projects, fitness/sports)? What is the total spent?

Answers

Answer:

See below

Explanation:

The percentage allocated to each socially responsible action

1. pollution control

The amount allocated is $37,000

The total budget is $750,00

The percentage = $37,000/$750,000 x 100

=0.0493333 x 100

=4.933%

2. community project

Amount allocated=22,500

As a percentage = 22,500/750,000 x 100

=0.03 x 100

=3%

3. Employee fitness

Amount allocated= $7500

As a percentage

=$7500/$750,000 x 100

=0/01 x 100

=1%

The total amount spent

=, $37,000 +$22,500 +$7,500.

=$67,000

What is globalization?

Answers

Globalisation is the growing interconnectivity of the world through the use of trade, travel and media.

what are pathways designed for ?

Answers

like business pathway or architect pathway, cause of its business it basically helps keep you on track for when you decide to own/run/start your own business without taking unnecessary classes that won’t help you in the future. In grade 10 you take a business related class and in grade 11 you focus on marketing and finance

Do you think two different leadership styles can get along on a project? Why or why not? (Take your time)

Answers

Answer:

IT depends

Explanation:

In the world today there are many of countries allied together who work day i and day out to help each other, even if they have different leadership styles. But some countries decide not to, because of what they personally think of the other. So it's not that they can or can't get along it's that they can but they have to have some sort of positive relationship

Hope this helps :)

explain external economics and external diseconomics​

Answers

Answer:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity , there is an external diseconomy . If the benefits of an activity exceed its marginal cost , there is an external economy .

Explanation:

Thaats whaaat upp

Explanation:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity, there is an external diseconomy. If the benefits of an activity exceed its marginal cost, there is an external economy.

A pharmacy technician is:

someone who prepares meals for people who are taking medication.

someone who cleans up after a doctor.

someone who assists with measuring medication.

Answers

Answer:

someone who assists with measuring medication

Explanation:

A pharmist will ask you what your medication that is prescribed by doctors

then an pharmacy tecnician will get the prescribition ready

Answer:

c

Explanation:

5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta

Answers

Answer:

Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.

Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.

Which of the following is a disadvantage of recruiting current employees?
Sometimes viewed as unethical
O Limits opportunities for bringing new ideas to a company
O Training could be more extensive and costly
O Requires frequent updates of job openings

Answers

Answer:

O Limits opportunities for bringing new ideas to a company

Explanation:

Recruiting current employees is the sourcing of new workers from the current workforce. It is also known as internal recruitment. Recruiting of current employees contrasts with external recruitments where a business advertises for vacant positions to the general public.

Recruiting from internal sources denies the business an opportunity to get workers with different experiences. External workers bring new ideas and new experiences to a business.

20 POINTS AND NEED HELP FAST. You are trying to solve a problem with a computer system but cannot figure out what is wrong. You want to demonstrate your ability to collaborate. What should you do? (choose all that apply)

ask the opinions of your boss and coworkers

try alternative suggestions from coworkers

work alone to solve the problem, demonstrating your ability to concentrate

Answers

Select these two answers:

Ask the options of your boss and coworkers
Try alternative suggestions from coworkers.

Answer:

ask the opinion of your boss and co-worker

Explanation:

ask the opinion of your co worker and boss because it show how you can demonstrate communicate with othere people

Which of the following statements below lists the rules of entering transactions into the accounting equation?

Answers

Answer:

where is the stuff its just the question

Explanation:

The assets should always match the total of the equity and liabilities, and the accounting equation needs to be in balance. Thus, option D is correct.

What are transactions?

A transaction can be defined as the process where money, product, services, or anything is being transferred from one person to another person.

Selling, buying, receivables, and reimbursements are major categories of monetary operations that have an effect on the firm business and its balance sheet

According to the accounting rules and regulations, it is said that there are two columns that are the assets and the liabilities and every transaction has at least two effects. Also if in the end, the asset, and liabilities side does not match then reconciliation needs to be made. Therefore, option D is the correct option.

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The question is incomplete, The option will be:

a. The accounting equation can be out of balance only when payment will be received at a future date.

b. An asset account and a liability account are always affected.

c. Transactions entered into the accounting equation must involve cash and an equity account.

d. The accounting equation must always remain in balance so that assets always equal the sum of liabilities and equity.

When is it productive to set up a folder system for filing emails?
A. when you have more than twenty emails at a time in the Inbox
B. Always
C. Only if you receive at least 100 emails per week
D. When you want to be able to save and locate emails easily

Answers

The most likely answer here is D

It is productive to set up a folder system for filing emails when we want to be able to save and locate emails easily. The correct option is D. 

Folders let us organise and divide our files. If we didn't have folders on our computers, all of our papers, programs, and operating system files would be in the same location. Folders also allow us to have many files with the same name. If all of our files were in one location, each one would require a unique file name.

Therefore, it is useful to to set up a folder system for filing emails which helps us to locate emails easily and quickly.

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how long had they been marriage ?​

Answers

Answer:

8 years

Explanation:

what is the study of business​

Answers

Explanation:

The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. Business is influenced by and impacts on the cultural, ethical, environmental, political, and economic conditions of the day

Explanation:

business studies is an academic subjects taught in many schools and higher education institutions in the world .

The effect acids have on most metals is called _____.
dehydration coating corrosion ionization Automobile batteries contain _____. sulfuric acid hydrochloric acid acetic acid carbonic acid

Answers

Answer:

yes sir uryan

Explanation:

Time management is primarily act of using time

Answers

Answer:

Yes it is. I agree with you

Explanation:

Think back to Middle School (6th, 7th, and 8th grade and possibly 5th). What are some possible challenges teachers face when working with this age group? How would you encourage the love of learning as a teacher to this age group?
can some one plss help me??​

Answers

Tell them all of the positive aspects of teaching rather than the negatives
a lot of kids are still very immature and act out for attention, the attention part is mostly their fault, it’s probably the only moment he receives it. a way this could be manage or help control this is by incorporating rewards for the 5th-7th and by the time they’re in 8th, a majority would already be matured. A way to get them to love the learning would be making easier ways to learn something, no one likes learning a hard topic in a hard way
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Thomas has two bags, one bag with 6 yellow and 5 red marbles, and one with 2 green and 4 blue marbles. If his friend Nick pulls one marble from each bag, what is the probability of him getting one red and one blue marble? Please help me on this question simplify the expression (-6i)(-6i) Susanna added 2 1100 to 204.197. What is the sum? This CD case is a rectangle that is 5.5 tall by 5.75 wide. What is the area of the CD case? What was one of the major achievements of the Inca empireA. Creating a society in which all people where equalB. Allowing all citizens to choose their own religionC. Defeating the Spanish forces in south americaD. Ruling over one of the worlds largest empires Penny reads 14 pages in 1/3 hour. What is the unit rate for pages per hour? For hours per page? What is the role of the nucleus in plant and animal cells?OA. It stores the genetic information for the cell.B. It serves as a boundary for the cell.oC. It produces energy for the cell.OD. It stores waste for the cell. 50 POINTSPLEASE FOR THE LOVE OF GOD HELP I HAVE A TEACHER WHO THINKS HERS IS THEONLY SUBJECTIn Act I, Scene 1 of The Diary of Anne Frank, Otto Frank has returned to the Secret Annex where he and his family hid during the Holocaust. In your journal, begin a K-W-L chart about the Holocaust. A K-W-L chart can help you organize your thoughts before and after reading a work of literature. In the "K" section, write three to five things you KNOW about the Holocaust. In the "W" section, write three to five things you WANT to know about the Holocaust. Leave the "L" section blank, to be filled in after you have read the entire play. Your responses should be in clear, complete sentences. Print your K-W-L Chart EditSign, or use it as a model in your journal. I NEED THIS RIGHT NOW ASAP PLEASE I need answer asap 30 points Find the side lengths asked below: St. Louis is located where the Mississippi meets theA. Illinois RiverB. Missouri Riverc. Arkansas RiverD. Gulf of Mexico Which Greek gods are correctly paired with their roles? Select all correct answers Poseidon: god of the seas Athena: goddess of wisdom and war Homer :god of poetry O Hera: violent god of war Pls help due ASAP Show workings pls Peaches are being sold for $2 per pound. The customer created a model to represent the total cost of peaches boughtIf x represents the number of pounds of peaches bought and y represents the total cost of the peaches, which bestdescribes the values of x and y what is 14/25 as a decimal and as a percent? Can you give me a synonym for "on which side of the argument do you lie?" Which linear function represents the line given by the point-slope equation y + 7 = -2/3 (x+6)?O f(x) = -x-11O fx) = x-1O f(x) = 2x+3O fx) = 2x + 13 need help asap please