Even though a regular savings account is suitable when you are saving $500 for your beginner emergency fund. Why is a money market mutual fund a better place to keep your completed emergency fund?
Answers
A regular savings account is a suitable option for saving $500 for your beginner emergency fund due to its accessibility and low risk. A money market mutual fund is a better place to keep your completed emergency fund due to its higher interest rate, liquidity, diversification, and enhanced security.
However, a money market mutual fund is a better place to keep your completed emergency fund for several reasons.
Firstly, a money market mutual fund offers a higher interest rate compared to a regular savings account. This means that your emergency fund can grow at a faster pace, allowing you to earn more money on your savings.
Secondly, money market mutual funds typically provide better liquidity. In case of an emergency, you can easily access your funds without any significant penalties or delays. This flexibility is crucial when you need immediate access to your emergency fund.
Furthermore, money market mutual funds are often more diversified than regular savings accounts. They invest in a variety of low-risk securities such as Treasury bills, certificates of deposit, and commercial paper. This diversification helps to reduce the overall risk of your emergency fund, protecting it from potential losses.
Lastly, money market mutual funds are typically backed by reputable financial institutions and subject to regulation. This provides an added layer of security for your emergency fund compared to a regular savings account.
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Related Questions
how do i work this thing
Answers
Answer:
you search up the questions that you need answers to
Explanation:
and if you dont find them then you upload it
uppose that you are interested in an investment that offers to pay you $750 at the end of year 1, $1,000 at the end of years 2 and 3, and $1,500 at the end of year 4. What is the maximum price that you can pay for this investment and still achieve your required rate of return of 6% per year
Answers
The maximum price for the investment, considering a required rate of return of 6%, is $3623.32.
Given the following information about an investment: Year 1: $750, Year 2-3: $1000, Year 4: $1500
The required rate of return is 6%. We have to find the present value of the future cash flows. We will use the present value formula to find the maximum price that you can pay for this investment.
Present Value = Future Value / (1 + r)ⁿwhere,r = the required rate of return, n = the number of years
Future value in Year 1 = $750, Future value in Year 2 = $1000, Future value in Year 3 = $1000, Future value in Year 4 = $1500
Calculating present value in year 1: PV1 = $750 / (1 + 0.06)¹= $750 / 1.06= $707.55
Calculating present value in year 2:PV2 = $1000 / (1 + 0.06)²= $1000 / 1.1236= $889.99
Calculating present value in year 3:PV3 = $1000 / (1 + 0.06)³= $1000 / 1.191016= $839.62
Calculating present value in year 4:PV4 = $1500 / (1 + 0.06)⁴= $1500 / 1.26248= $1186.16
Now, we can find the maximum price that you can pay for this investment by adding up the present values of all cash flows. PV of the investment = PV1 + PV2 + PV3 + PV4= $707.55 + $889.99 + $839.62 + $1186.16= $3623.32
Therefore, the maximum price that you can pay for this investment and still achieve your required rate of return of 6% per year is $3623.32.
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business makes a cash payment of $12,000 to a supplier for supplies purchased two weeks earlier. Which of the following accounts is debited? O A. Cash OB. Accounts Payable OC. Supplies OD. Accounts Receivable
Answers
When a business makes a cash payment of $12,000 to a supplier for supplies purchased two weeks earlier, the account that is debited is B. Accounts Payable.
1. The business pays $12,000 in cash to the supplier.
2. The cash payment reduces the cash balance, so the Cash account is credited.
3. The payment settles the liability for the supplies purchased earlier, so the Accounts Payable account is debited.
Accounts Payable is the term used when a business acquires products on credit that must be repaid within a short period of time. It is categorised under the category of "current liabilities" and is handled as a liability. A short-term debt payment called accounts payable must be made in order to stay in good standing.
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What are the advantages and disadvantages of the three primary business writing formats?
Answers
Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
E-mail has too much unwritten rules to follow (etiquette) and it is too informal for many business purposes.Learn more from
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Explain the purpose of making individuals aware of their underperformance clearly but sensitively.
Answers
The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
What is underperformance?This occur when an individual is preforming below expected. Usually, there is task to accomplished at a particular time and if its is not done tp time and does not produce expected result then, it is said that the individual under performed.
An employee can underperformed also when the clearly set contract projection plan is low or when an employee do not perform the necessary duties of their role.
When an individual underperformed it can be brought to the notice of the person n a very calmly manner to avoid damage of emotions and self esteem.
Therefore, The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
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Ricardo wants to rent a personal watercraft for a beach party. Wavy Dave's charges $17. 50 per hour plus a $20 fuel fee. Sun'N'Fun charges $15. 00 per hour plus a $30 fuel fee. After how many hours will Sun'N'Fun be cheaper than Wavy Dave's?.
Answers
Answer:
5 hours
Explanation:
(h = hour)
Wavy Dave's:
h1=20 + 17.50= 37.50
h2= 20 + 17.50 + 17.50 = 55
h3= 20 + 17.50 + 17.50 + 17.50 = 72.50
h4 = 20 + 17.50 + 17.50 + 17.50 + 17.50 = 90
h5= 20 + 17.50 + 17.50 + 17.50 + 17.50 + 17.50 = 107.50
Sun'N'Fun:
h1= 30 + 15 = 45
h2= 30 + 15 + 15 = 60
h3= 30 + 15 + 15 + 15 = 75
h4= 30 + 15 + 15 + 15 + 15 = 90
h5= 30 + 15 + 15 + 15 + 15 + 15 = 105
price elasticity of supply is calculated the same as the price elasticity of demand, but using supply data instead of demand data.question 8 options:truefalse
Answers
The price elasticity of supply is calculated using the same formula as the price elasticity of demand, but with supply data instead of demand data. So, the statement is true.
The formula for price elasticity of supply is:
Price elasticity of supply (Es) = Percentage change in quantity supplied / Percentage change in price
Just like with the price elasticity of demand, the price elasticity of supply measures the responsiveness of suppliers to changes in price. It indicates how much the quantity supplied changes in response to a change in price.
If the price elasticity of supply is elastic (Es > 1), it means that suppliers are responsive to price changes, and the quantity supplied changes proportionately more than the change in price.
If the price elasticity of supply is inelastic (Es < 1), it means that suppliers are less responsive to price changes, and the quantity supplied changes proportionately less than the change in price.
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In what ways does IBM seek to enhance product life cycle management?
Answers
IBM seeks to enhance product life cycle management through various strategies and technologies. These include implementing advanced analytics, leveraging cloud computing and Internet of Things (IoT) platforms, utilizing artificial intelligence (AI) and machine learning, and adopting agile development methodologies. These approaches help IBM streamline product development, improve efficiency, identify market trends, enhance customer experience, and make data-driven decisions throughout the product life cycle.
IBM utilizes advanced analytics to gain insights into customer preferences, market trends, and product performance. By analyzing data from various sources, including social media and customer feedback, IBM can identify opportunities for product improvement and make informed decisions throughout the product life cycle. Additionally, IBM leverages cloud computing and IoT platforms to enable real-time data collection, remote monitoring, and predictive maintenance, enhancing product performance and customer satisfaction.
Furthermore, IBM employs AI and machine learning technologies to automate and optimize various stages of the product life cycle. These technologies help in demand forecasting, supply chain management, quality control, and personalized customer experiences. Agile development methodologies are also adopted by IBM to enable faster product iterations, adaptability to changing market needs, and efficient collaboration among development teams.
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answer this question plz I don't know it
Answers
Answer:
1st: a
2nd: a
3rd: a
Explanation:
Answer:
share with your parents and other family members about this lesson your family may be interested about your atory your trimphs and struggles use this lesson on developing your academic andpersonal social skills your strengths and weaknesses can be a factor that can influence your decisions in the future
When setting prices of products, businesses want to make sure they can
cover their costs and make
A. a markup
B. an allowance
C. a discount
D. a profit
Answers
Answer:
When setting prices of products, businesses want to make sure they can cover their costs and make:
D. a profit
The setting prices of products, businesses want to make sure they can cover their costs and make a profit. Thus, option (d) is correct.
What is businesses?The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
The business is the main motive for earning the profit. Businesses are increasing productivity as a result of rising profits. From the location to the facilities such as medical facilities, proper furniture, employee liberty of work, training, internet facilities, and furniture, etc., businesses are improving. The cost plus extra amount is called the profit.
As a result, in the setting prices of products, businesses want to make sure they can cover their costs and make a profit. Therefore, option (d) is correct.
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Distinguish among corporate, business, and functional strategies. how does each strategy relate to hrm? why?
Answers
Corporate, business, and functional strategies are the three levels of strategic management that run across the organization and somehow, relate to Human Resource Management (HRM).
Corporate Strategy: It involves top-level management and represents the big-picture goal of an organization.
How: HRM takes a key role in shaping the corporate strategy of the organization and also ensures that the organization as a whole is working together to reach its goals.Why: The role of HRM directly contributes to the future success of the organization as HRM ensures that all actions are planned and integrated with the corporate strategy.
Business Strategy: It defines competitive advantages for each business department by delivering goods and values to customers based on the current market trend.
How: HRM analyzes the current market trends and aligns the organization working with those trends as well as provides the required resources.Why: HRM gives the organization an edge to compete by maximizing productivity and introducing products and services to the market before the competitors.
Functional Strategy: It is a detailed working plan for achieving the organization’s goals within each business department.
How: HRM aligns goals from the top of the organization all the way down to the individual employees for increasing performance. Why: When employees with required skills are recruited it affects business in positive ways since human is the most valuable resource.You can learn more about company strategy at
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Starting a Rock Candy Business. This isn't for school. Where can I find a cheaper and smaller rock candy making machine that I can fit in my house? Maybe makes 10 at a time?
Answers
Answer:
The cheapest and smallest I see is one for $469.60 on alibaba.com. If you price and advertise them correctly, you could easily make way over this amount.
Explanation:
Research.
A nominal interest rate of 10% per year, compounded monthly, is most closely:
a. 1% per month
b. 5.11% per six months
c. 10% per year
d. 4.98% per six months
Answers
The closest option to the nominal interest rate of 10% per year, compounded monthly, is option a. 1% per month.
What is the approximate effective interest rate per six months for a nominal interest rate of 10% per year, compounded monthly?To determine the nominal interest rate compounded monthly, we can use the formula:
Nominal interest rate = (1 + (interest rate per period))^number of periods - 1
In this case, the nominal interest rate is 10% per year, compounded monthly. We can calculate the interest rate per period as follows:
Interest rate per period = (1 + 10%)^(1/12) - 1
Using a calculator, the interest rate per period comes out to approximately 0.7973%.
Now, let's examine the given options:
1% per month: This is not the correct answer since 1% per month is higher than the calculated interest rate per period. 5.11% per six months: This is not the correct answer since it refers to a semi-annual compounding period, not monthly compounding. 10% per year: This is not the correct answer since it represents the stated nominal interest rate. 4.98% per six months: This is not the correct answer since it refers to a semi-annual compounding period, not monthly compounding.Learn more about nominal interest rate
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The sequence of activities within the firm which begins with research and development, followed by design, and manufacturing, marketing/distribution, and customer service is the:
Answers
Answer:
cost life cycle.
Explanation:
The sequence of activities within the firm which begins with research and development, followed by design, and manufacturing, marketing/distribution, and customer service is the cost life cycle.
This ultimately implies that, the cost life cycle of a product or project is a process which involves estimating the overall amount of money to be spent on it over the course of its useful life.
Hence, it is used to determine the most cost-effective way to manufacture or produce a product.
the five forces framework is an analytical tool used to diagnose the competitive conditions in a company’s industry.
Answers
The five forces framework is an analytical tool used to diagnose the competitive conditions in a company's industry.
The five forces framework, developed by Michael Porter, is a widely used tool for analyzing the competitive dynamics of an industry. It examines five key forces that shape the level of competition within an industry: the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products or services, and the intensity of competitive rivalry. By assessing these forces, companies can gain insights into the attractiveness of their industry and develop strategies to enhance their competitive position. The framework helps identify potential risks and opportunities, allowing businesses to make informed decisions and adapt to the competitive landscape.
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Minakshi and kanchal are two real sisters.Minachi is an author and kanchan a business woman.Kanchan
has developed a new technique which is very useful for their business. Both the sisters are experts in
their respective fields. Minakshi learnt from someone that some people were coping her written work
(literary creation). Kanchan also learnt from some that the other businessmen were taking advantage of
their creations. One of their lawyer friends advised them that both of them were the owners of a special
property and the government had provided them with a legal security they could get rid of their worry
by taking advantage of this facility.
Answer the following questions related to the above paragraph:
1.Which particular property is possessed by both the sisters?
2.To which class belongs Minakshi’s property?
3.To which class belong Kanchans property?
Answers
These are the answers for the questions related to the text about Minakshi and Kanchan:
The particular property possessed by both sisters is Intellectual property.Minakshi's property belongs to the literary and artistic work class.Kanchan's property belongs to the industrial class property.Intellectual propertyThis text about the sisters Minakshi and Kanchal refers to the particular property called Intellectual property, which is a property that includes the creations of the human intellect, everything that was created by the person's mind.
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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answers
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
A contractor must decide between two jobs. One job is a bathroom renovation in a residential home. The other is the construction of a
new detached garage. What is a potential opportunity cost if the contractor decides to do the bathroom?
A. the cost of materials and labor for the garage job
B. the net profit of installing the garage
C. the cost of materials and labor for the bathroom
D. the net profit of remodeling the bathroom
Answers
Answer:
B: The net profit of installing the garage.
Explanation:
The opportunity cost is the next best thing that you could be doing but chose to give up in order to do something else. For example, if I chose to spend the day studying for a test, I won't have as much time to watch cat videos, hang out with my friends, or work on the website I'm coding. Since I love coding more than anything in the world, the time I could've spent coding is the opportunity cost of choosing to study.
A and C can be safely eliminated because they are describing the business expenses of the contractor, not what they could be missing out on if they choose to renovate the bathroom. In this case, D wouldn't make any sense since they wouldn't be missing out on any profits from the bathroom project at all. Therefore, the correct answer is B. The contractor can't be in two places at once, and by choosing the bathroom, they're passing up the opportunity to work on the garage and any resulting profits.
Answer:
The net profit of installing the garage.
Explanation:
According to the video, what are some things that Human Resources Managers do? Select four options.
oversee hiring and firing
purchase computers
distribute office supplies
develop training programs
develop personnel policies
develop pricing strategies
develop recruiting programs
Answers
Answer: 1 4 5 7
Explanation:
Answer:
1,4,5,7
Explanation:
on ed2021
What is one major drawback of high-return investments compared to low-return investments?.
Answers
The one major drawback of high-return investments as compared to low-return investments is that 'high-return investments have a greater risk of failing'.
Risk is absolutely fundamental to investments, but there are no perfect measurements of risk. Risks are categorized as high-return investments and low-return investments.
A high-return investment refers to the risk for which there is either a large percentage chance of loss of capital or a relatively high chance of a devastating loss.A low-return investment refers to the risk with less at stake, either in regard to the amount invested or the significance of the investment to the portfolio. There is also less to gain, either in regard to the potential return or the potential benefit bigger term.You can learn more about risk at
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Is competition good for business?
Is it good for consumers?
Answers
Answer:
yes and yes
Explanation:
You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim?
Answers
You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim? No, it does not support their advertising claim.
Owen is an hourly employee, and the line that models his total pay in dollars
as it relates to the number of hours he has worked has a slope of 25 and a y
intercept of 15. Which statement is true?
Answers
It is accurate to say this.
Owen makes $25 per hour, and it seems like he also got a $15 signing bonus.
How can I figure out a line's slope?Find the coordinates of each of the two locations you choose along the line. The y-coordinates of these two locations should be distinguished (rise). The difference between these two places' x-coordinates should be determined (run). Divided by the difference in x-coordinates (rise/run or slope), the difference in y-coordinates is determined.
What distinguishes salaried workers from hourly workers?Based on their total income, salaried employees typically receive the same amount each pay week. On the other hand, an hourly employee receives a defined wage for each hour that they work. For instance, if they work eight hours a day at $20 an hour, they would make $160 that day (before taxes).
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following data:
Fixed overheads: £40,000
Selling price: £6
Variable cost per unit: £4
If the selling price is increased by 50% then the break-even level would
now be: *
(1 Point)
8,000 units
20.000 units
O 10,000 units
0 12500 units
Answers
Answer:
If the selling price is increased by 50% then the break-even level would now be 8,000 units.
Explanation:
The following are given in the question:
Fixed overheads = £40,000
Initial selling price = $6
Variable cost per unit = £4
Percentage increase in selling price = 50%
Therefore, we have:
New selling price = Initial selling price * (100% + Percentage increase in selling price) = £6 * (100% + 50%) = £9
New contribution margin per unit = New selling price - Variable cost per unit = £9 - £4 = £5
New break-even level = Fixed overheads / New contribution margin per unit = £40,000 / £5 = 8,000 units
Therefore, if the selling price is increased by 50% then the break-even level would now be 8,000 units.
• List out the differences in the way global communities were formed before
and after the advent of the Internet and social media.
• How do you think the Internet and social media will impact global
communities in the next five years?
• What has been the impact of the Internet and social media on individuals
and on society?
Answers
Answer: 2
Explanation:
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Which of the following parts of a business plan include the cash flow projection and profit and loss projection?
Answers
Business description and structure. This is where you explain why you're in business and what you're selling. ...
Market research and strategies. ...
Management and personnel. ...
Financial documents.
why is it important to examine demand relationships
Answers
Answer:
together they determine the prices and quantities of most goods and services available in a given market.
Explanation:
Supply and demand have an important relationship because together they determine the prices and quantities of most goods and services available in a given market. According to the principles of a market economy, the relationship between supply and demand balances out at a point in the future.
What is an example of budget deficit?
Answers
An example of a budget deficit:
If a country's GDP during the year of 2010 was $1,000,000, revenues were $300,000 and expenditures were $500,000, the deficit is calculated by subtracting $300,000 - $500,000 equals = -$200,000 which represents the deficit for the year 2010.What is a budget deficit?It is a negative situation in which a country's expenditures exceed its financial income, which brings with it a series of negative consequences that directly affect the economy.
The budget deficit mainly generates inflation that affects consumers, which is why the purchasing power of people is reduced to less money as it implies the increase of prices in goods or services which generates a loss in the value of money.
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The prices for all kinds of fish sold in Eastville's downtown Old Market are much lower than the prices charged at uptown seafood stores. Old Market vendors buy fish of similar quality from the same wholesalers and at the same prices as uptown vendors do. Therefore, since Old Market fish vendors' businesses are as profitable as those uptown, the volume of the Old Market vendors' daily fish sales must, on average, be higher.
Which of the following, if true, most strengthens the argument given?
A. People who buy fish at Old Market stores generally have lower incomes than do those who buy fish from uptown seafood stores.
B. Some varieties of fish that are not available at Old Market stores can be found occasionally at uptown seafood stores.
C. Vendors at the old Market save on energy costs by keeping fish on ice instead of in refrigerated cases.
D. Many of the people who live in uptown Eastville prefer to buy fish from the neighborhood stores.
E. Fish vendors at the Old Market do not, on average, have lower overhead costs than uptown vendors do.
Answers
Answer:
The most correct answer is D