Business

Business, 21.08.2019 06:30, Jasten

Ahigher level of interest income can be received if a savings account offers a promotional rate.
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Mathematics, 30.06.2019 13:00, lkarroum3733

1. taylor just received a $2500 bonus check from her employer: she is going to put it into an account that wil earn interest. the level 1 savings account at her bank earns 6% simple interest. the platinum savings account earns 4.5% compound interest

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History, 16.07.2019 07:00, lexus830

What is the savings rate? a- proportion of disposable income spent to income savedb- percentage of people who save a significant amount of their income c- rate of interest paid on bank account savings d- difference between rate charged to borrow and rate paid on savings

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Business, 24.08.2019 03:00, xlansmooth

Week 5 quiz - saving (15pts) 1. if the interest rate on a savings account is 0.01%, approximately how much money do you need to keep in this account for 1 year to earn enough interest to cover a single .$9.99 below-minimum-balance fee? a.$100,000 b.$100 c.$10,000 d.$1,000 2. the three main types of banks (traditional, credit union, online or online-only) have many tradeoffs with respect to technology, convenience, personal experience, fees and savings rates. for this question, put aside all of the trade-offs and look only at savings rate offered on savings accounts. rank the following from highest to lowest on the interest rates they offer to consumers on savings accounts. a.traditional bank, credit union, online bank b.credit union, online bank, traditional bank c.credit union, traditional bank, online bank d.online bank, credit union, traditional bank 3. for most people, the most effective way to save is: a.transfer money from a checking account into a saving account b.use a budget to determine how much you can save, then transfer that amount into a savings account c.use a budget to determine how much you can save, then automate the savings by direct depositing that amount from each paycheck d.deposit extra money into a saving account 4. true or false, you can never save too much? a.true b.false 5. assume you have just started a new job, have a car loan, and have a student loan. you have just received a cash gift of $1,000 from a relative, which of the following is the best use of this money? a.deposit into an unfunded emergency fund b.deposit into a 529 savings account for college c.invest for your retirement in an ira d.deposit into a cd earning 2% interest

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Mathematics, 06.09.2019 20:30, erinmcdonaldr6860

Me based on what you learned about managing assets, which account would you typically pay your bills from each month? savings account money market account checking account cd if you wanted to open an account for everyday use and were not concerned about earning interest, which account would you choose? savings account money market account checking account cd which financial institution usually offers the higher interest rate on savings accounts? national or regional bank credit union

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Ahigher level of interest income can be received if a savings account offers a promotional rate.

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