Lucy will open a checking account and 3 savings accounts for different purposes (emergency fund, gift fund, and education fund). What items should not be among her main considerations in selecting these accounts?

Answers

Answer 1

Answer:

Its A

Explanation:

The dude above me isn't bright

Answer 2

In a situation where Lucy will open a checking account and 3 savings accounts for different purposes, an account recommended for somebody with different needs must not be considered by Lucy for her savings account. Hence, option A holds true.

What is a savings account?

An account, opened for the purpose of accumulation of money and deposition of monies in order to gain a return in the name of fixed interest rate, is known as a savings account.

When the intention of an account holder is defined for a specific purpose, the accounts other than savings account that has an altogether different utility shall not be considered by Lucy.

Hence, option A holds true regarding a savings account. The complete question has been attached as an image for better reference.

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Lucy Will Open A Checking Account And 3 Savings Accounts For Different Purposes (emergency Fund, Gift

Related Questions

What might you consider when you’re studying the dynamics of a group?

Answers

the size and the people in the group and how compatable they are.

Answer:

The people coming in and out, roles members have, conflict of interests and collective goods.

Explanation:

Group dynamics are the processes which occurs in every group. Let's look at all the considerations:

People joining and leaving: Every member who chose to exit the group or someone deciding to join the group will have a significant impact on the overall group. For example: If we consider the person leaving the group, we can say that the person was the core member of the group and his decision is going to affect the group. In another scenario, the person joining the group maybe isn't required by the group or perhaps he creates misunderstanding between the group members.Roles member have: The role each member have will define the way the group will respond to different situations and the ability to tackle the problems.Conflict of interests and collective good: It wouldn't be bad to assume that each member of the group won't have the same interest so how can one make all the group members take a decision which has collective benefit but is against the personal interest of the members.

Sales are $500,000 and variable costs are $350,000. what is the contribution margin ratio?

Answers

Sales are $500,000 and variable costs are $350,000. what is the contribution margin ratio? 30%
Sales are $500,000 and variable costs are $350,000. what is the contribution margin ratio? 30%

Please be sure....Thank you. :3

One of the core goals of successful businesses is to ______.


A.decrease working capital


B.provide a return for investors


C.increase the operating ratio


D.All of the above.

Answers

The right answer is B. I'm sure :) decreasing the working capital and increasing the operating ratio are not good for business.

How would a strong U.S. dollar impact the trade of grain produced in the United States?

U.S. grain exports decrease

U.S. grain exports increase

U.S. grain imports decrease

U.S. grain imports stagnate




Two countries produce milk and dairy products efficiently. Neither has an absolute advantage. However, Country A exports milk to Country B, and Country A imports cotton from Country B. Which of the following is inferred?

The opportunity cost of producing milk is lower for Country A.

The opportunity cost of producing cotton is higher for Country B.

Country A has a natural resource advantage in cotton.

Country B has a natural resource advantage in milk.

Answers

When a country has a strong currency, generally its export decreases - this is the answer to the first question.

Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.

now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "The opportunity cost of producing milk is lower for Country A" is correct.


one year of college tuition at a state school is about the same cost as a toyota camry. this is an example of:
Real value
Nominal value
Aggregate monetary value
False value

Answers

Correct option: real value

The real value is the value of something (any product or service) in terms of other product or service while Nominal value is the value of something in terms of money. Here the value of college tuition which is a service is equal to the cost of Toyota Camry which is a product. Since the value of a service is equal to the value of a product, this is an example of real value.



Final answer:

The statement that one year of college tuition at a state school is about the same cost as a Toyota Camry exemplifies the concept of real value, as it shows what amount of goods or services can be exchanged for a given amount of money. It also touches upon the idea of opportunity cost, which considers the potential earnings forfeit while pursuing education. The correct option is: Real value

Explanation:

When comparing the cost of one year of college tuition at a state school to the cost of a Toyota Camry, we are discussing an example of real value. The term 'real value' refers to the actual value of a good or service, which is represented in terms of its purchasing power and the quantity of goods or services that it can be exchanged for. In this case, the real value of the college tuition can be directly compared to the value of a tangible asset like a car because it indicates how much real goods or services one can get in exchange for a given amount of money.

The concept of opportunity cost is also important to understand in this context, as it represents the cost of the next best alternative that is forfeited when making a choice to invest in something, such as college education over immediate employment.

Although the comparison does not address the long-term benefits or costs such as the potential increase in lifetime earnings from having a college education, it does provide a snapshot of the immediate monetary requirement for both options. Making this association helps to visualize the spending requirement and may influence the consideration of the value and cost of education versus other large expenditures. The correct option is: Real value.

Suppose that you took out a loan with a principal of $24,680. To pay off the principal and the interest, you made quarterly payments of $1,382 for six years. Furthermore, you paid a service charge of $396. What was your total finance charge?

a.
$396
b.
$8,488
c.
$8,884
d.
$8,292

Answers

The solution to the problem is as follows:

$1382*24 (4 payments per year * 6 years)=$33,168+$396=$33,564 (Total)

$33,564-$24,680=$8,884
 
Therefore the total finance charge is c.$8,884.

I hope my answer has come to your help. God bless and have a nice day ahead!

Answer:

finance charge is c.$8,884.

Explanation:

is the world going to end

Answers

I did not think this will happen nearly in future. Only one thing can Destroy this world and it is Nature.

Answer:

if World War III  happens it might because of all the nuclear weapons their gonna use that are gonna harm the environment a lot  to the point where the world might actually end

Explanation:



Strong global competition can result in ____ in the United States.

A. Increased salaries
B. Higher salaries
C. Fewer jobs
D. Lower overhead

Answers

The correct answer that would best complete the given statement above would be option A. Strong global competition can result in increased salaries in the United States. When we say global competition, this is the services or products provided by competing companies who are serving customers internationally. Hope this helps.

The correct answer is C. Strong global competition can result in fewer jobs in the United states.

When someone is considering a career as a lawyer, future earnings are the

net cost.
net benefit.
future cost.
future benefit.

Answers

Future earnings are the future benefit to a person who wants to become a lawyer. Wanting to become a lawyer will be an investment for a student in the future. Becoming a lawyer in the future will be the result of the investment and earning from that job is the profit from it.

Answer:

future benefit

Explanation:

edge 2023

One fact about all currency is that it

Answers

Answer:

Differs amounts between different countries

Explanation:

Currency, including the U.S. dollar and Euro, operates as a medium of exchange and is categorized as fiat money, backed by government credit rather than physical commodities. Its value is determined by market forces, and can fluctuate due to various economic factors and trading activities.

One fact about all currency is that it is a system of money used as a medium of exchange, such as banknotes, coins, or digital currency. The value of currency is often dictated by economic factors and can be affected by a country's stability. It's worth noting that most currency today is known as fiat currency, which means it is backed by the government that issues it, rather than a physical commodity like gold.

All major economies use fiat money, which is not backed by physical goods but is instead supported by the full faith and credit of the issuing government. The U.S. dollar, for example, is controlled by the U.S. government and the Federal Reserve. While nothing physically "guarantees" its value, the dollar's value is largely determined by market forces of supply and demand. This can lead to fluctuations in exchange rates, such as those between the U.S. dollar and the Euro, where demand for one currency over another can affect its relative value.

Which two of the following criminal justice professionals may be self-employed?

A.) Police officer and private detectives
B.) Paralegals and private detectives
C.) Paralegals and lawyers
D.) Lawyers and private defectives

Answers

D.) lawyers and private defectives

The correct answer is D. Lawyers and private detectives

Explanation:

Being self-employed implies you are not hired by an employer, company or similar but you work on your own and in this way you obtain profits. Additionally, some professionals cannot be self-employed while others can choose between being employees or being self-employed, for example, a soldier cannot be self-employed as all soldiers belong to the army; however, a doctor can work as part of a hospital or by himself.

According to this, the two professionals of criminal justice that may be self-employed are lawyers and private detectives, because these two professionals can work independently which means they can work on specific cases without belonging to a company or law office.

The statement "the quantity demanded of a product varies inversely with its price" is a definition of

Answers

The correct answer that would best complete the given statement above would be the term LAW OF DEMAND. The law of demand states that the quantity demanded of a product varies inversely with its price, as long as other things do not change. Hope this answers the question. 

Answer:law of. Damand

Explanation:

According to federal law, it is illegal to discriminate in any aspect of employment, including

hiring and firing
compensation, assignment, or classification of employees
transfer, promotion, layoff
all of the above

Answers

The best and most correct answer among the choices provided by your question is the first choice.

According to federal law, it is illegal to discriminate in any aspect of employment, including hiring and firing.

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Answer:  the answer is D all of the above

Explanation:  i got it right on the test

what are four important factors to remember before making a career decision

Answers

Your Interests, Training & Education, Your Skills, and Your Work Attitude
Final answer:

Four important factors to remember before making a career decision are interests and passions, skills and abilities, values and priorities, and market demand.

Explanation:

Before making a career decision, there are four important factors to consider:

Interests and Passions: Reflect on what you enjoy doing and what you are passionate about. Your career should align with your interests to ensure job satisfaction and fulfillment.Skills and Abilities: Consider your strengths and abilities. Identifying the skills you possess will help you determine the types of careers where you can excel.Values and Priorities: Think about your values and what is important to you in a career, such as work-life balance, job security, or making a positive impact. Aligning your values with your career choice can lead to greater job satisfaction.Market Demand: Research the job market and identify careers that have a high demand for professionals. Choosing a career in a field with growth opportunities can enhance your chances of success.

Considering these factors will help you make an informed career decision that aligns with your interests, skills, values, and the market demand. Remember, career decisions can be revisited and modified throughout your life.

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When you should send an email?

A. When the subject matter is extremely private
B. When the subject matter is sensitive in nature
C. When the subject matter is emotional
D. When the subject matter is objective and informative

Answers

Answer:

D. When the subject matter is objective and informative

Explanation:

An email is a way of sending messages between people through internet using electronic devices. So, you should send an email when the subject matter is objective and informative as emails are a good way to share and highlight important information without including a personal opinion, which is specially important in a work environment.

The other options are not valid because when the subject matter is extremely private or sensitive in nature you shouldn't send emails as someone different from the person it was sent to could read it. Besides, when the subject matter is emotional, email is not the best choice as it is written and the words can be interpreted in a different way that doesn't match the sender's intention.

When the subject matter is objective and informative then you should send an email. Thus, option D is appropriate.

The exchange of messages stored on a computer between one user with one or more recipients over the Internet is known as email (or electronic mail). Emails are a convenient, affordable, and quick way to interact for both personal and professional purposes.

Composing, transmitting, storing, and receiving messages in a computer system are all included in creating an email. Electronic mail is known as email. Due to its affordability and speed, email writing is chosen over other means of communication.

Webmail and email are both terms used to describe the different sorts of mail that may be sent using different applications and browsers.

Thus, option D is correct.

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Which of the following statements about taxes is FALSE?

Answers

The statement should be "Not all types of income are taxed; while earned income and passive income are taxed, portfolio income is not taxed."

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Greg and Samantha are planning to get divorced. Both of them want to get custody of their only daughter, who is five years old. Which type of law would the couple seek help?
1.criminal
2. administrative
3.family
4.education

Answers

Family is the correct answer. 
I would say number 3 is the correct answer. Thats my guess.

Which method of processing your notes will allow you to test your knowledge of the course material?

A;rewriting text annotation

B;reciting notes from class

C;using flash cards

D;reading from your text

Answers

I think your answer should be C. Using flash cards. When you use flash cards, you are testing yourself to see how many terms you know, or how much you know. :)

Answer:

C;using flash cards

Explanation:

All the methodology to learn is valid, some people like to read repeatedly, others like to write, anyway. If you have to write content, one of the most appropriate ways is to write cards with content topics. So you will reread the cards over and over and delete the cards you have already memorized until there are none left and everything is fresh in your mind.

Which of these options for saving money typically offers the most liquidity?

A.A savings bond
B.A money market account
C.A certificate of deposit
D.A basic savings account

Answers

The option for saving money which typically offers the most liquidity is D. a basic savings account.
Liquidity refers to the fact that you can withdraw your money anytime you want. 



A price support is a type of _____.

a.price floor
b.price fixing
c.price ceiling
d.rent control

Answers

a.price floor 

Where the government fixes the minimum retail price

Answer: a. price floor

A price support is a type of price floor.

Explanation:

Price floor refers to a price control in which the government set the minimum price a commodity or product can be sold. It brings about a market surplus due to the fact that the quantity supplied at the price floor is higher than or exceed the quantity demanded. The government uses price floor in preventing prices from being too low. An example of a price floor is minimum wage (price) payed for labour.

Passerine runs a tapestry shop in Rome, weaving historical images for the tourism industry. Lately, her arthritis has gotten worse, so she brings in several young workers and begins to teach them how to weave her images. Which factor of production did Passerine enhance?

Capital
Entrepreneurship
Labor
Land

Answers

Passerine enhanced labor
the correct answer is "labor"

Why is self-representation important in the corporate world?

Answers

Answer:

A

Explanation:

Answer:

A. This determines the type of interaction you have with your coworkers.

Explanation:

Representation is the process by which an object is captured by a person's senses, then it makes sense to process the result in the form of a concept or idea with which language will be conveyed again. In short, representation is the process of re-defining an object or phenomenon whose meaning will depend on how a person expresses it. Representation also depends very much on how a person represents the knowledge he gets.

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Independent risks can be diversified by holding a large number of uncorrelated assets with independent risks.

true or false

Answers

The statement "Independent risks can be diversified by holding a large number of uncorrelated assets with independent risks." is true. 

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A demand curve shows how changes in

quality affect price.

quantity affect price.

quantity affect income.

quality affect elasticity.

Answers

A demand curve shows how changes in quantity affect price. The demand curve is a graph that will have a good or service and how the quantity purchased is related to the price point the item is set at. Overall, the relationship between demand and price are directly related and depicted on the graph.

Option (b) is correct. The A demand curve shows how changes in quantity affect the price.

Further Explanation:

Demand curve:

The demand curve is the graphical representation of the demand and price of a product. It shows the relationship between demand and supply. The change in the demand and price of the product can be effectively presented by the way of the graph. It is assumed that other things will remain constant.  

Justification for the correct and incorrect option:

a.

Quality affect price: This is an incorrect option because the demand curve does not establish the relationship between the quality and price of the product.

b.

Quantity affect price: This is the correct option because the demand curve shows the relation between the quantity (demand) and price. It will show how the change in demand will affect the price of the product.

c.

Quantity affects income: This is an incorrect option because the demand curve represents the relation between the quantity and price of the product.

d.

Quality affects elasticity: This is an incorrect option because the demand curve does not showcase the relationship between the quality and elasticity of the product.

Thus, option (b) is correct. The A demand curve shows how changes in quantity affect the price.

Learn More:

1. Learn more about the demand and supply diagram

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2. Learn more about the demand curve

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3. Learn more about the forecasting human resources supply

https://brainly.com/question/6123400

Answer Details:

Grade: Senior School

Chapter: Demand and supply

Subject: Economics

Keywords: demand curve, change, quality, price, product, elasticity, increase, decrease, shift, demand, and supply.

TRUE or FALSE. There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

Answers

As the basis for everything about finnancial issues, the statement above is TRUE. These means are the basis to achieve your goals to save money and keep your budget safe. Hope this is good for you

Answer:

TRUE

Explanation:

Having financial goals is important for you to achieve your dreams. If you have a financial goal of saving money, you should lower your cats or increase your savings. If you want to reach your goal faster, you can use these two strategies together.

Which of the following is a duty of a personal finance manager? A. selling property insurance B. filing tax returns C. tracking clients’ investments D. selling houses

Answers

C C C CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
C

Racking clients’ investments is a duty of a personal finance manager. Hence, option C is correct.

What is the racking system?

A storage solution known as a warehouse racking system is made to stack materials in multiple-level, horizontal rows. These solutions can assist you in sorting goods to simplify operations while managing and making better use of your warehouse space.

The Most Common Racking Option for Warehouse Storage Requirements is Selective Pallet Racking. The most often used pallet storage solution in warehouses is the selected pallet rack, also called static racking. It is well-liked since it is inexpensive and offers a large variety of upright heights and beam diameters for bespoke configuration.

There are only two laws that apply: 1910.159, which deals with fire sprinklers and essentially mandates an 18-inch space between the rack and the sprinkler, and 1910.176(b), which effectively stipulates that anything stored in tiers must be rendered safe.

Thus, option C is correct.

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In 2 or 3 sentences, explain if rent control is a price floor or price ceiling. Then name one advantage and one disadvantage of rent control.

Answers

Answer:

Price Ceiling

Explanation:

A price ceiling is a normative by law maximum price that products and services can be sold in the market, rent control is a very interesting thing and example of that, rent control allows renters to afford housing in crowded cities where people coming to the city could inflate the real state market by over paying for housing, making it impossible for locals to actually afford a house in their own city. The disadvantage is that for real state owners, they can´t elevate the cost of rent.

Final answer:

Rent control is a price ceiling that can make housing more affordable, but it can also lead to a reduction in the number of available rental units.

Explanation:

Rent control is considered a price ceiling, not a price floor. This price control policy usually works by stating that landlords can raise rents by only a certain maximum percentage each year.

One advantage of rent control is that it can provide affordable housing for renters, especially in regions with high costs of living such as New York or San Francisco. However, one disadvantage is that landlords might respond to rent control laws by reducing the number of rental units available, leaving some potential renters unable to find housing in their desired area.

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Cartels, monopolies, trusts, and horizontal and vertical integration all share the goal of
increasing profits
Which of the following was a step by the federal government to limit the power of corporations?
Sherman Antitrust Act
Which argument supports the perception of the big business leaders as "captains of industry"?
Industrialists' support for technology benefited the economy.

Answers

Cartels, monopolies, trusts, and horizontal and vertical integration all share the goal of increasing profits. This is true! The Sherman Antitrust Act was a step by the federal government to limit the power of corporations - true. The argument that supports the perception of the big business leaders as "captains of industry" is that Industrialists support for tech benefited the economy!

Your most reliable answer would be C

The Smith family adopted a child. The adoption procedure took about three months, and the family incurred various expenses. Will the Smiths receive any financial benefit for the taxable year?

Answers

Yes, the Smith family will receive financial benefits for the taxable year. When you adopt a child, there are parts of the adoption process that are tax write offs for the family. Depending on the money spent, the different fee's paid and what all went into the adoption certain parts will be a tax credit they can apply and use as a deduction. Most of the time the expenses have to be at or over a percentage of your income.

YES, the Smiths will receive any financial benefit for the taxable year. Hence, there is no confudion about it.

What is a taxable benefit?

A taxable benefit is a payment from an employer to an employee that is considered a positive benefit and can be in the form of cash or another type of payment.

Therefore, as long as the family pays tax on the adopted child, the family will definitely receive a taxable benefit.

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$700 principal earning 5%, compounded monthly, after 9 years

Answers

B=P(1+r/n)^nt 

B=Balance 
P=Principle 
R=rate 
n=number of times compounded per year 
t=number of years 

Plug in the values.

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