Business, 21.07.2019 16:00, anggar20

Jeff wants to open a basic savings account. he should go to a financial services company a commercial bank an insurance company a trust company or a savings and loan association an investment bank a credit union an asset management company to open the account

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Business, 22.06.2019 11:40, antbanks3050

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

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Jeff wants to open a basic savings account. he should go to a financial services company a commercia...