Business
Business, 14.12.2020 19:20, alanisalvarez2000

You have $2,000 and want to invest in two savings goals: a short-term goal (less than one year) of saving for textbooks during your first year of community college, and a longer-term goal (over 1 year) of saving for a car when you graduate from college. Use the information in the chart below to explain how much you would choose to save for each goal, where you would save it, and why. When explaining your choices, be sure to consider the liquidity of each investment, the potential for interest earned, and any potential fees or penalties. Savings Account
0.09% APY
No minimum deposit

MMA
1.05% APY
$500 minimum deposit

24-Month CD
2.9% APY
$250 minimum deposit

US Savings Bonds (Series EE)
0.1%
$25 minimum purchase

$15 fees for
any withdrawals in
excess of 6 per month

$15 fees for
any withdrawals in
excess of 6 per month

Penalty for early
withdrawal is 3 months
of interest or $25,
whichever is greater

Cannot redeem during
first 12 months;
before five years,
loss of 3 months of interest

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 13:00, brandonholden
There are a number of things that you can do to protect yourself from falls in the workplace these include using fall protection equipment and using ladder safety what else can you do
Answers: 1
image
Business, 22.06.2019 20:40, ccory0626
Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.
Answers: 2
image
Business, 22.06.2019 22:40, aupein
Southeastern oklahoma state university's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. however, in an effort to limit class sizes to a "reasonable" level (under 200 generally), southeastern's dean, holly lutze, placed a ceiling on enrollment of 1,600 new students. although there was ample demand for business courses last semester, conflicting schedules allowed only 1,440 new students to take business courses. the utilization rate for southeastern=%the efficiency rate for southeastern=%
Answers: 3
image
Business, 23.06.2019 01:00, angelica3752
The huntington boys and girls club is conducting a fundraiser by selling chili dinners to go. the price is $7 for an adult meal and $4 for a child’s meal. write a program that accepts the number of adult meals ordered and then children's meals ordered. display the total money collected for adult meals, children’s meals, and all meals.
Answers: 2
Do you know the correct answer?
You have $2,000 and want to invest in two savings goals: a short-term goal (less than one year) of s...

Questions in other subjects:

Konu
Mathematics, 24.11.2020 23:20
Konu
Mathematics, 24.11.2020 23:20