Me
based on what you learned about managing assets, which account would you typically pay you...
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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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Scott harris can invest $7,000 in a 1-year cd that earns interest at an annual rate of 4 percent compounded monthly. the amount per $1.00 is 1.040742. he can also invest $7,000 in a 1-year cd at annual rate of 4 percent compounded quarterly. the amount per $1.00 is 1.040604. what is the difference in the amount of interest earned for each investment? a) $0.96 b) $0.81 c) $0.87 d) $0.88
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