Jan wants to save a $2000 gift from her grandparents, and add $50 per month as emergency funds. She has narrowed her search for a savings account to 2 banks, Bank A and Bank B. Bank A pays a fixed rate of interest, and Bank B pays a variable rate, but both rates are currently the same. What advice would you give Jan about how to choose an account based upon her own needs? I. The fees and services will make a much bigger difference than the type of interest while your balances are small. II. The more that you expect to save, the more you should think about what effect the interest rates might have on your finances. III. Choose the variable rate, because no matter what the fees are, if it goes way up, you could become richer.

Answers

Answer 1

All of the above, Jan should consider the fees and services of the bank accounts as well as the expected savings when choosing between a fixed and variable interest rate account. Higher future savings may benefit more from stable, fixed interest rates. Evaluating the total benefits and costs will help in making the best choice.

Jan wants to save a $2000 gift from her grandparents, and add $50 per month as emergency funds. She has narrowed her search for a savings account to 2 banks, Bank A and Bank B. Bank A pays a fixed rate of interest, and Bank B pays a variable rate, but both rates are currently the same.

Advice on Choosing a Savings Account

The fees and services will make a much bigger difference than the type of interest while your balances are small. Jan should consider how much she will be charged for maintaining the account and look into any perks or services that come with each account.The more that you expect to save, the more you should think about what effect the interest rates might have on your finances. As Jan’s savings grow, the differences in how interest is calculated will become more significant.Choose wisely based on stability and needs. While a high variable rate might sound attractive, it carries the risk of dropping. A fixed rate offers certainty and can be better suited for consistent, stable growth, especially for emergency funds.

In conclusion, if Jan has higher future savings goals and wants stability, she should lean toward the account with a fixed interest rate, ensuring she also considers any associated fees and services.


Related Questions

The master system database stores a database template that is used as a blueprint when creating a new user database.

Answers

An attribute in a relation of a database that serves as the primary key of another relation in the same database is called a

You created a vm and installed windows server 2008 r2 over the network, using pxe boot. when you start the vm, it doesn't attempt to boot from the network. what should you do?

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Hehehdjekdjdbd besbbs

Why does a computer not understand physical variables (real world) read from sensors?

Answers

The reason why a computer does not understand physical variables read from sensors because they are only capable of having to handle and work on analogue and in order for them to understand, a digital converter is needed by the device in means of having to understand the given data.

An indirect effect of an action, be it a cost or benefit, for a third party who did not agree to the action is known as a(n) __________.
A. productivity
B. substance
C. externality
D. incentive



Answers

Externality is the answer to your question.

Answer:

answer is C

Explanation:

Trust me

claims that media consumption can be addictive are

Answers

The claims that media consumption can be addictive are unfounded because there hasn't been a controlled scientific study that confirms it. 

Hope this helps!

Janith is creating a spreadsheet with the names, locations, dates, and costs of summer camps she is interested in attending. What is the most efficient way to also add pictures, camper reviews, staff information, activity schedules, and menus?

Answers

Answer:

Hyperlink camp’s web page.

Explanation:

Considering all the changes Janith wants to make to the document, the most effective way is to add hyperlinks from the web page in excel. Adding a spreadsheet or even a column to your document may not be the ideal way to add images or to meet your needs, so by adding a hyperlink to the excel webpage, you are assured of better images and the ability to update content as needed. , and the customer can view at the same time.

The first step in creating photographs with good backgrounds is which of the following? Learning to see the background before taking the photograph Lowering the perspective so that more of the foreground is shown Adding more color to the photograph to keep attention away from the background All of the above

Answers

Oh I got this! I'm a professional photographer! The answer is Leaning to se the background before taking the photograph.

Plz mark brainliest! So glad I could help, and Have an AWESOME day!!!

The first step in creating photographs with good backgrounds is by learning to see the background before taking the photograph.

What would be the first step in creating photographs?

The first step to be able to make the backgrounds better in our photos is to be very conscious of how  the background's  is to any photos.

Therefore, it is better to have the first step in creating photographs with good backgrounds is by learning to see the background before taking the photograph.

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In a spreadsheet, there are many features that help you edit quickly. True False

Answers

Answer:

True

Explanation:

There are many form a quick editing

i hoped this helped

;)

Desktop operating systems sometimes are called ______ operating systems because they also work in conjunction with a server operating system.

Answers

Client, because they are a part of the server operating system request line. The client asks for a request for information or data from the provider (the server) and the server provides this to its client (the desktop computer). They work together hand in hand one is recieving information and one is sending information

Custom parameters 1, 2 and 3 provide the same end value for all keywords. true or false?

Answers

Is a Microsoft Bing ads certification Exam question.
I think that the correct answer is:
False

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________ is installed on your computer, and when the program is opened, your e-mail downloads to your computer.

Answers

An email client is installed, like Microsoft Outlook for example.

Answer:

E-mail client

Explanation:

The mail client is responsible for communicating with the mail server, picking up the messages that have reached the electronic mailbox and displaying them in an orderly manner so that they can be read comfortably. It also allows you to write new messages and is also responsible for delivering them to the mail server so that it can channel them to your destination

You can distinguish three types of mail clients according to the way to access them:

Installed on a PC. They run directly from a personal computer. On personal computers that have Windows / xx as an operating system, mail clients will be versions for Windows such as: Eudora, Pegasus, Messenger (Mozilla), Messenger (Netscape), Outlook (Microsoft), Outlook Express (Microsoft), Exchange ( Microsoft).

Residents on the server. It requires connecting to the server by remote terminal using encrypted connection (ssh, which is the preferred option), or simple connection (telnet, anzio, netterm, qvtnet). Once the remote terminal of the server is opened, one of the mail clients installed on it runs.

Through the Web From a web browser you can access, through a web-secure (encrypted) connection, the messages received, as well as send new messages.

Based on the relational model, create the database metadata as part the physical designphase.b)from the metadata, write the sql create database and table statements (ddl) for all entities (tables).c)implement the tables in your mysql db.

Answers

Which is not a component of a database that describes how data is stored?

Calculate the average (as a double) of the values contained in the integer variables num1, num2, num3 and assign that average to the double variable avg. assume the variables num1, num2, and num3 have been declared and assigned values, and the variable avg declared.

Answers

avg = ( num1 + num2 + num3 ) / 3;

Final answer:

To find the average of the integer variables num1, num2, and num3 as a double, sum the variables, cast the sum to double, and divide by the number of variables, which in this case is 3.

Explanation:

To calculate the average as a double of the values contained in the integer variables num1, num2, and num3, you would first sum those values. Then, you divide the total sum by the number of items you have, which in this case is 3, since you're dealing with three values. The formula to calculate the average (avg) would look like this:

avg = (double)(num1 + num2 + num3) / 3;

Here, you are casting the sum of num1, num2, and num3 to a double to ensure the division is done using floating-point arithmetic, giving a double result which is stored in the variable avg. This is necessary because if the sum is not cast to a double, integer division would occur, potentially leading to an incorrect average due to truncation (cutting off the decimal points).

true or false over the course of ecological succession,species diversity increases over time?

Answers

yes becasue the diversity usually increases over time
This is True and i know it as a fact

For a device to be considered a kind of computer, it must have a _____.

monitor
processor
data store
thought center

Answers

it must have a Processor.

What would happen if a pc that contains a power supply that does not automatically adjust for input voltage is set to 230 volts and attaches to an outlet in the united states?

Answers

it would be underpowered which results in poor performance or won't turn on

Which one of the following is true about employer responsibility in providing fall protection to workers? not selected A. Employers can only use guardrails as a primary method of fall protection not selected B. Employers have flexibility in choosing a fall protection system they believe will work best in a situation selected C. Employees have the right to choose appropriate fall protection methods that suit them for the job

Answers

Option B is the correct answer, Employers have flexibility in choosing a fall protection system they believe will work best in a situation selected. It is the primary duty of employer to provide safety to its workers. Employers must setup a suitable protection system at workplace from falling off from overhead platforms and from elevated workstations during construction for safety of its employees.  

Further Explanation:

⦁ Employer must ensure compliance to OSHA-Fall protection in construction.

⦁ Generally, fall protection must be ensured by deploying guardrail systems at the edge of construction sites, safety systems built by nets or personal fall arrest.

⦁ OSHA requires to built fall protection system irrespective of fall distance to make sure safety conditions for workers/ employees.

Answer details:

Grade: High School

Subject: Computer Science and Technology.

Learn More:

Fall protection and compliance to OSHA rules and regulations

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Employer responsibility in providing fall protection

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Key Words: Fall protection, OSHA, workplace safety, guardrail systems etc.

Image of guardrail as an example is attached.

The correct option about employer responsibility in providing fall protection to workers is employers have flexibility in choosing a fall protection system they believe will work best in situation selected.

The fundamental responsibility of employers is to provide safety to their workers. They must provide a secure workplace to the workers from falling off from overhead platforms.

Further Explanation:

Workers have some rights regarding their safety as below:

Working condition should be out of serious danger. Workers must have information about workplace hazards and also method to prevent from danger. Analysis of record of data of illness and injuries during work time. Workers must know their rights under the law. They can also file a complaint asking OSHA to check the workplace if they feel any security hazards.

Therefore, falls are most common reason of several injuries and death in workplace. Employers must follow proper guidelines to prevent from these serious danger.

Learn more:

1. Fall protection and compliance to OSHA rules and regulations

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2. Employer responsibility in providing fall protection

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Answer details:

Grade: High School

Subject: Computers and Technology

Chapter: Employee Safety

Keywords:

Work place, OSHA, health, injuries, illness, complaint, employer, overhead platform, responsibility, danger, workers, hazards, security, rights, prevent, safety

Print speed is typically measured in ____.

Answers

pages per minute (ppm) 
dots per second (dps) 
pixels per minute (ppm) 
characters per second(cps)

Read carefully, is it a he or she?

Answers

I think there's a typo in the question, otherwise they probably meant a 'she', since the name is Maureen.

Also, the answer is Personal hygiene and grooming.
I believe its a girl or a she

Which action should you take when sending a large attachment?

Answers

Cancel out other tasks, let the internet focus upon the one attachment.

Which behavior could be acceptable at a classical concert as well as at a ball game? standing for an exceptional performance cheering for your favorite performer talking throughout the event eating during the event

Answers

Standing for an exceptional performance would be normal "acceptable" in both scenarios.

I believe it would be B As well as A but...

We all have our favorite athlete and singer so..

personally i believe the answer is:

B) cheering for your favorite performer

After you use the fill handle to copy cell contents, the quick copy options button appears, which can be used to fill the cells with only specific elements of the copied cell, if you wish. _________________________

Answers

After you use the fill handle to copy cell contents, the autofill options button appears, which can be used to fill the cells with only specific elements of the copied cell. The button is a small square that appears in the bottom-right corner when you select a cell or range.

Lately, Sylvia's home computer is super slow, and it restarts and shuts down without warning. The computer probably has a __________.

Answers

It may have a bad disk drive. Probably is an awfully strong word.

Which type of navigation involves multiple frames that are linked to a number of other frames?

A) bread crumbs
B) linear
C) reciprocal
D) web



Which type of navigation is similar to a book because users can move back and forth between frames?

A) hierarchical
B) linear
C) reciprocal
D) sequential


How many items should a menu system have?

A) 1-3
B) 5-8
C) 9-11
D) 13-18

Answers

not sure about 1 and 2 but im pretty sure 3 is B) 5-8

The hardware components that serve the input output and storage functions of a computer are called

Answers

The hardware components that serve the input-output and storage functions of a computer are called peripheral devices.

What are the main routing protocols used on internet?

Answers

Interior gateway protocols type 1, link-state routing protocols, such as OSPF and IS-IS.
Interior gateway protocols type 2, distance-vector routing protocols, such as Routing Information Protocol, RIPv2, IGRP
Exterior gateway protocols are routing protocols used on the Internet for exchanging routing information between Autonomous Systems, such as Border Gateway Protocol (BGP), Path Vector Routing Protocol. Exterior gateway protocols should not be confused with Exterior Gateway Protocol (EGP), an obsolete routing protocol

To create a digital file from an old photo, I would use a _____.

A. Printer

B. Scanner

C. Monitor

D. Modem

Answers

A scanner would create a digital file of the old photo.
The printer is used to create paper copies of a file which is the opposite of what we want. The monitor is used for output not input. And a modem is used to connect to the internet.
B. Scanner is your answer.

Internet protocol (ip) operates at the _____ of the open systems interconnection (osi) model.

Answers

Final answer:

Internet Protocol (IP) functions at the Network layer of the OSI model, where it is responsible for routing packets, including logical addressing, to ensure they reach the correct destination.

Explanation:

The Internet Protocol (IP) operates at the Network layer of the Open Systems Interconnection (OSI) model. The OSI model is a conceptual framework used to understand and standardize the functions of a telecommunication or computing system without regard to its underlying internal structure and technology. The Network layer is responsible for packet forwarding including routing through intermediate routers. IP is one of the primary protocols in this layer, and it is tasked with delivering packets from the source host to the destination host based on the IP addresses in the packet headers. IP provides logical addressing which is necessary for a packet to traverse across networks and reach the correct destination.

How does having constraints placed on a design change the engineering process

Answers

Having constraints on a design will change the engineering process and the process will take a long time to finish. The process eats up time, quality and budget especially when it involves prototypes and the like. Some common constraints involve the design itself and the engineer. 

Design constraints refer to the conditions that are required for a particular project to be successful.

Design constraints help in narrowing the choices that the engineer will have to make. Even though the project manager in charge can view the design constraints as something negative, it helps in shaping the project and meeting the client's exact needs.

Some of the design constraints that engineers consider include environment, safety, health, political etc.

In conclusion, design constraints are vital to the design process as they help in limiting the design space as unacceptable alternatives are excluded.

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Your computer is configured to obtain an ipv4 address and dns server address automatically. what utility will help you to find the ipv4 address of your computer?

Answers

ifconfig -a # windows: ipconfig /all

ip addr

Final answer:

To find your computer's IPv4 address, you can use the Command Prompt on Windows or Terminal on Mac and Linux, executing 'ipconfig' or 'ifconfig' respectively.

Explanation:

To find the IPv4 address of your computer, one effective utility you can use is the Command Prompt on Windows or Terminal on MacOS and Linux. This utility allows you to execute commands that can retrieve system information, including your computer's IP address.

For Windows users, you can open the Command Prompt by searching for 'cmd' in the start menu. Once opened, type the command 'ipconfig' and press enter. Your computer's IPv4 address will be listed under the relevant network adapter, typically labeled as 'IPv4 Address'.

For MacOS and Linux users, you can open the Terminal. In this utility, type the command 'ifconfig' for Linux or 'ipconfig getifaddr en0' for MacOS and press enter. Your IP address should be displayed as a result of this command.

These commands are straightforward ways to retrieve your computer's IP address without needing to navigate through various menus in your system's settings.

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