Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary. She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?

SAVINGS ACCOUNT, CD, MONEY MARKET ACCOUNT

Answers

Answer 1

I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

It is widely known that a traditional bank’s savings account does not provides significant interest rate for deposit unlike other account which are meant from pure investment at long term.

A certificate of deposit are issued by bank to customer promising them a certain interest rate on their deposit with them.

A money market is also an method of investing in short term market and guarantees high interest rate on deposit.

Therefore, I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

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Related Questions

Which of the following serves as an incentive for entrepreneurs in a market economy?

Answers

Answer:

Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.

common approaches to pricing are oriented around which four elements?

Answers

Profit, Competition, Cost and Demand are the element which the approaches for pricing fixing are oriented around.

Pricing refers to the process of determining the value that a producer will receive in the exchange of services and goods produced with final consumers or middle men.

The aim of generating profit is one of the element considered for price fixing.

Competition levels with other companies in the industry will influence price fixing because consumers pocket have to be considered.

Level of Cost incurred during production of the goods and services also play a great role in price fixing.

Demand from the market also influence price setting on a product.

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when brainstorming, you should go for quantity over quality.

Answers

Answer:

False

Explanation:

The following statement is false and that is because quantity is only going to get you so far in any sort of business aspect. If you focus on quality then the consumer will keep coming back for more because what your selling is just that good to the consumer, if you focused on quantity and what you're selling isn't good then the consumer won't come back for your product which is why you need to focus on your quality rather then your quantity.

Hope this helps.

Activities involved in buying and selling goods on a large scale.

a) gross domestic product

b) inflation rate

c) labor force

d) business cycle

e) recession

f) monopoly

g) fiscal policy

h) monetary policy

i) commerce

j) price fixing

Answers

Answer:

I think answer is price fixing

What's the difference between shares, dividend and debenture?

Answers

Answer:

Share is the capital of the company, but Debenture is the debt of the company. ... The income earned on shares is the dividend, but the income earned on debentures is interest. The payment of dividend can be made only out of current profits of the business and not otherwise.

Explanation:

you have to talk about trade between different nations,Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also. you have to talk about trade between different nations

Answers

Answer:

hi u can be my friend

Explanation:

old plz

You pay a monthly fee to have telephone service for your business. The amount you pay is the same every month. This is an example of a ________ cost.

Answers

Answer:

This is an example of a Fixed Cost.

Answer:

fixed cost

Explanation:

When Tyler, a veteran, started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and distribute safety goggles for construction workers and military personnel. He realized most of his business would not be through walk-in customers but rather large orders from companies. He chose to locate in a government-subsidized area called a(n) __________, where he would receive tax breaks and other government support.

Answers

Tyler chose to locate his business in an area which government offer subsized tax rate and tax break in other favor job creation called an enterprise zone.

Areas which are specially offered subsidized rate of taxes in other encourage economic development of such geographical area are called enterprise zone.

In other ensure that companies locate their offices in this zones, government offers support and gives other enticing offers in other to promote job creation in such environment.

Therefore, government - subsidized rates are enjoyed in enterprise zones.

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8. You should review the papers in your filing system at least

once a month

once a week

every 6 months

once a year

Answers

Answer: every 6 months

Explanation:

The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 250 customers on the number of hours cars are parked.Number of HoursFrequency1202493754455406137583250a-1 Convert the information on the number of hours parked to a probability distribution. (Round your answers to 3 decimal places.)a-2. Is this a discrete or a continuous probability distribution?multiple choiceDiscreteContinuousb-1. Find the mean and the standard deviation of the number of hours parked. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.)b-2. How long is a typical customer parked? (Do not round the intermediate calculations. Round your final answer to 2 decimal places.)c. What is the probability that a car would be parked for more than 6 hours? What is the probability that a car would be parked for 3 hours or less? (Round your answers to 3 decimal places.)

Answers

The activities of the Downtown Parking Authority can be represented on a probability distribution table

a-1 Convert the table to a probability distribution

This is calculated as:

[tex]\mathbf{Probability = \frac{f}{Total}}[/tex]

So, we have:

[tex]\mathbf{P(1) = \frac{25}{234} = 0.108}[/tex]

[tex]\mathbf{P(2) = \frac{38}{234} = 0.162}[/tex]

[tex]\mathbf{P(3) = \frac{51}{234} = 0.218}[/tex]

And so on.

So, the table is:

[tex]\mathbf{\left[\begin{array}{ccc}x&f&P(x)\\1&25&0.108\\2&38&0.162\\3 & 51 & 0.218 & 4 & 45 & 0.192 & 5 & 20 & 0.085 & 6 & 14 &0.06 & 7 & 5 & 0.021 & 8 & 36 & 0.154 \end{array}\right] }[/tex]

a-2 The distribution type

The number of hours is from 1 to 8, and all are given in whole numbers.

Discrete probability distributions are represented by whole numbers.

Hence, the distribution is a discrete continuous probability distribution

b-1. The mean and the standard deviation of the number of hours parked.

The mean is calculated using:

[tex]\mathbf{\bar x = \frac{\sum fx}{\sum f}}[/tex]

So, we have:

[tex]\mathbf{\bar x = \frac{25 \times 1 + 38 \times 2 + 51 \times 3 + 45 \times 4 + 20 \times 5 + 14 \times 6 + 5 \times 7 + 36 \times 8}{234}}[/tex]

[tex]\mathbf{\bar x = \frac{941}{234}}[/tex]

[tex]\mathbf{\bar x = 4.02}[/tex]

The standard deviation is calculated as:

[tex]\mathbf{\sigma = \sqrt{\frac{\sum f(x - \bar x)^2}{\sum f}}}[/tex]

So, we have:

[tex]\mathbf{\sigma = \sqrt{\frac{25 \times (1 -4.02)^2+ 38 \times (2 -4.02)^2 + 51 \times (3 -4.02)^2 +.............+ 36 \times (8 -4.02)^2}{234}}}[/tex]

[tex]\mathbf{\sigma = \sqrt{\frac{1124.8936}{234}}}[/tex]

[tex]\mathbf{\sigma = \sqrt{4.80723760684}}[/tex]

[tex]\mathbf{\sigma = 2.19}[/tex]

Hence, the mean is 4.02 and the standard deviation is 2.19

b-2. How long is a typical customer parked?

This is the mean of the distribution.

In (a), we have:

[tex]\mathbf{\bar x = 4.02}[/tex]

Hence, a typical customer is parked for 4.02 hours

c-1. The probability that a car would be parked for more than 6 hours

This is calculated as:

[tex]\mathbf{P(x > 6) = P(7) + P(8)}[/tex]

So, we have:

[tex]\mathbf{P(x > 6) = 0.021 + 0.154}[/tex]

[tex]\mathbf{P(x > 6) = 0.175}[/tex]

Hence, the probability that a car would be parked for more than 6 hours is 0.175

c -2. The probability that a car would be parked for 3 hours or less?

This is calculated as:

[tex]\mathbf{P(x \le 3) = P(1) + P(2) + P(3)}[/tex]

So, we have:

[tex]\mathbf{P(x \le 3) = 0.108 + 0.162 + 0.218}[/tex]

[tex]\mathbf{P(x \le 3) = 0.488}[/tex]

Hence, the probability that a car would be parked for 3 hours or less is 0.488

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what is the place where investments are bought and sold called?

Answers

A stock exchange is a place where stocks are bought and sold. This is known as trading stocks. A stock exchange can be a real, physical location (the building where trading takes place), but it can also be more of an idea, too.

openstax Michael Bronner made a killing in the direct marketing business as the cofounder and CEO of Bronner Slosberg Humphrey, a wildly successful direct-marketing firm. His newest venture, Upromise Inc., enlists some of America's largest corporations to help families pay for college and is extremely successful. The 40-year-old Bronner will more than likely start at least one more new company before he retires because Bonner is a(n): Group of answer choices

Answers

Michael Bronner is a multipreneur in that he is participating in multiple ventures at the same time as co-founder and CEO of Bronner Slosber Humphrey, a new venture Upromise Inc, and there's still information that he can start one more company before he retires.

A multpreneur is an individual who works in several different businesses at the same time, requiring the administration and management of multiple businesses, which requires a lot of dedication.

Generally, multipreneurs are entrepreneurs who already have a successful business, so the opening of new businesses is the chance for greater opportunities to apply capital and be successful in other fields.

To be an entrepreneur and a multipreneur it is necessary to:

Dedication.Time management.Be creative and innovative.Have communication skills.Be patient.Have negotiation skills.

Therefore, to be a multipreneur it is necessary to have vision and initiative to see market opportunities and consumption trends that can be successful.

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One reason we have seen continued growth in home-based businesses is:________
a) it is less risky to start a home-based business than other types of entrepreneurial ventures.
b) affordable technology makes it easier to compete.
c) the location offers a more secure operational environment.
d) people need something to do while they wait to return to work for a large corporation.

Answers

Answer:

a

Explanation:

4. What type of documents should you file from work?
emails from colleagues

Work Party Announcements

Benefits Package Information

401K Statements

Answers

Answer:

benefits package information

what time is it? pls tell meee

Answers

Answer:

it is 11.20 am in my phone

HOPE IT HELPS

there is a growing demand of a firm of architects and engineers in developing countries like Nepal justify​

Answers

Answer:

yes the developing countries not only Nepal but India also I am in great need of such wonderful master architects and engineers . To develop their country condition they need search architects and engineers for their development

are Investments guaranteed to generate profit

Answers

Money held in a bank is generally protected by the Federal Deposit Insurance Corporation, and the U.S. government has yet to fail to meet an interest payment or fully redeem a maturing bond. Yet, yield often correlates with risk. ... But it's not going to guarantee you a real money return.

hey yall school has been soo hard lately so any tips to do good in school?

Answers

How to Do Well in School

Attend class regularly.

Pay attention in class.

Do homework routinely.

See the teacher for help.

Review what you're learning on a regular basis.

Learn from mistakes..

Make school a priority.

Work hard, play hard.

There u go

Answer:

make a schedule in order to effectively get it all done. also, don't take advantage of studying, I used to not study enough, but then I just added an extra 30 min of studying time, and it improved my grades from a B+ to an A!! Just keep focus without destractions, you get a text, silence your phone until your finished, trust me, it will be hard to ignore everything and focus, but again, worth it. (sry for the typos, I have somewhere to be, but I hope I helped!)  

Explanation:

what are the outputs of the production process with regards to goods and services​

Answers

Answer: they will go faster

Explanation: it does a thing.

Inflation indicates that

unemployment is falling
unemployment is rising
the Consumer Price Index is falling
the Consumer Price Index is rising

Answers

Answer:

the Consumer Price Index is rising

Explanation:

The CPI measures the rate of inflation, which is one of the greatest threats to a healthy economy. Inflation eats away at your standard of living if your income doesn't keep pace with rising prices—your cost of living increases over time. A high inflation rate can hurt the economy.

Answer:

C

Explanation:

What would happen if you had $30 in your checking account and you tried to take out $45 at the grocery store using your debit card?

Answers

Answer:

I believe that the transaction would fail giving you some text similer to "Transaction failed, please try again." or "Insufficient funds."

Roderick possesses five hundred acres of forested property. Roderick has the right to use the land, including cutting its timber, for life. Roderick also has the right to lease the land for a period not to exceed his life. This ownership interest is:____.
a. an easement.
b. a leasehold estate.
c. a life estate.
d. a fee simple absolute.
Kelsey and Ed buy a duplex in Wells, Maine. On the death of either owner, that owner's interest in the duplex passes to his or her heirs. This is:___.
A. a joint tenancy.
B. a life estate.
C. a tenancy in common.

Answers

For the first question, Roderick possesses the forested property and he has the right to lease the land for a period not to exceed his life is ​a life estate. For the first question, Option C is correct.

Life Estate is correct because life estate makes the owner of the land have full authority over the land. This authority is valid once the owner is still alive. When the owner is no longer alive, that authority no longer holds as the ownership of the land is automatically transferred to the beneficiary who now has the authority over the land. As described in the question above, Roderick also has the right to lease the land for a period not to exceed his life.

Easement, on the other hand, can be indefinite, or for a fixed time as it grants the holder the right to use or restrict the use of another person's land.

Leasehold estate gives authority to someone that rents the land. This authority lasts for a period of time under an agreement with the owner of such land.

Fee simple absolute also gives the owner full authority over the land and this authority doesn't change like life estate.

For the second question, Kelsey and Ed buy a duplex in Wells, Maine. On the death of either owner, that owner's interest in the duplex passes to his or her heirs. This is " tenancy in common". Option C is the right answer.

Tenancy in common is the right answer as it allows the duplex to be passed to either Kelsey or Ed heirs after their death based on their wishes.

This is a feature of tenancy in common as the duplex is passed on in accordance with the wishes of the deceased’s will and not to the other joint owners.

While in a joint tenancy, when either Kelsey or Ed, dies the duplex will totally be transferred to the surviving tenant.

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People often misread body language, so you should : _____________

a. stand behind a podium and grip it to keep from waving your hands.
b. pay attention to your audience members and adjust your presentation based on their reactions.
c. plan your gestures ahead of time, the way you would choreograph a dance.
d. avoid making gestures as much as possible.
e. smile as much as possible to show that you have good intentions.

Answers

Answer:

b

Explanation:

explain what type of business would fall under a partnership ???

Answers

here you go

Explanation:

A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership

What is social democracy? Describe it.

Answers

Answer:

democracy refers to the system in which government representatives are choosedand elected by general public.

Answer:

Social democracy is a government system that has similar values to socialism, but within a capitalist framework.

What are three causes and effects of the haymarket square riot

Answers

effects:

increased anti-labour and anti-immigrant sentiment and suspicion of the international anarchist movement

Causes:

Haymarket Square turned into a riot after someone threw a bomb at police.

plz help

explain why the scene below fail to meet basic workshop safety standards.​

Answers

Answer:

they didn't have a first aid kit

Explanation:

a first aid kit is a very inport must have

What is GDP? What is the current GDP of the United States? What is the current GDP of China? When do you think China will surpass the US in GDP or will they ever?

Answers

Answer:

1. The GDP is the total of all value added created in an economy. The value added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so called intermediate consumption.

2. 20.94 trillion USD (2020)

3. 14.72 trillion USD (2020)

A person who buys a used car with the money earned from working a part- time job is influenced by what factor? A. Income B. Social pressure C. Age D. Advertising​

Answers

Answer:

A income

Explanation:

hope it's helpful to you

A person who has a used car with the money earned from working a part-time job is influenced by income factors. Thus, option A is correct.

What is buy?

The term buy can mean that there is some sort of transaction that has happened between two or more parties. after buying a product or a thing, the buyer obtains custody, possession, or authority to utilize something in exchange for money in particular

As the person has worked hard and done some kind of part-time job that he has been doing it on the temporary basis and that person was doing various things too.

As the money is earned by himself, he brought the car from the money that he has earned by himself and this is money can be termed as the income earned by doing a job. Therefore, option A is the correct option.

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explain what type of business would fall under a sole proprietorship?

Answers

Answer:

A sole proprietorship is an unincorporated business with only one owner who pays personal income tax on profits earned. Sole proprietorships are easy to establish and dismantle, due to a lack of government involvement, making them popular with small business owners and contractors. Examples of sole proprietors include small businesses such as, a local grocery store, a local clothes store, an artist, freelance writer, IT consultant, freelance graphic designer, etc.

Explanation:

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