A certificate of deposit that changes the rate of interest based on the prevailing market interest rate is known as a: A Market rate CD B Step-up / Step-down CD C Negotiable CD D Renewable CD

Answers

Answer 1

Answer:

B. Step-up/Step-down CD

Explanation:

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

A Step-up/Step-down certificate of deposit (CD) is a type of CD that changes the rate of interest for a deposit based on the prevailing market interest rate.


Related Questions

In business-related systems, ________ is becoming increasingly important as text-based applications such as electronic mail, bulletin boards, and information services are more widely used. Group of answer choices

Answers

Answer:

A) Textual output

Explanation:

Text output is the common type of the graphic output that could be found within the client area. it is applied by  the applications in various ways

It can be worked for two things i.e. forming the text and in actual draw the text

In the given case the text based application like electronic mail, information service would be used so here the textual output should be choose for the same

Assume that one year ago, you bought 260 shares of a mutual fund for $19 per share and that you received an income dividend of $0.14 cents per share and a capital gain distribution of $0.24 cents per share during the past 12 months. Also assume the market value of the fund is now $15 a share. Calculate the total return for this investment if you were to sell it now.

Answers

Answer:

The ROI is 1040.38 with Distributions and Dividends included if you sell it now.

Explanation:

[tex]260*19=$4940, cost is $4940\\0.14+0.24=0.38 \ in\ distributions/dividends\\260*15=3900, sale\ price \ is 3900\\(4940-3900)+0.38=1040.38[/tex]

Hope this helped!

Edit: This answer doesn't account for any fees, since you didn't list any fees. The only mutual funds that I know of without fees are index funds run by big financial institutions.

Brant promised to repair Carolyn's car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do

Answers

i mean... tell carolyn asap and explain, then try to sell the part on ebay or something

Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separated from the rest of the organization and housed in a separate facility to enhance the ability to develop new concepts. This approach has proven to enhance the ability to come up with new concepts in the _____ stage of the new-product development process.

Answers

Answer:

Idea generation.

Explanation:

The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.

There are several stages of the new product development.

The stage in which the Apple company is, in the given scenario, is idea generation.

Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.

Therefore, idea generation is the correct answer.

When closing a direct request, you

a. indicate the consequences of a failure to reply.

b. mention your own qualifications or status.

c. request a specific response and mention the time limits.

d. thank the reader in advance for helping you.

Answers

Answer:

c

Explanation:

just took it on edg

Which product would most likely be considered inherently unsafe?
A. A bathroom cleaner
B. A garden hose
C. A bookshelf
D. A lamp

Answers

Answer:

c

Explanation:

bell kung matutong ba yung bookshelf

The product that would most likely be considered inherently unsafe depends on various factors such as its intended use, design, and potential hazards associated with its usage. Hence option C is correct .

Which product would most likely be considered inherently unsafe?

Among the options provided, a bathroom cleaner would most likely be considered inherently unsafe. This is because most bathroom cleaners contain powerful chemicals such as bleach, ammonia, and acids that can cause serious health hazards if not used properly.

These chemicals can cause skin irritation, respiratory problems, and even chemical burns if they come into contact with the skin or eyes.

Furthermore, bathroom cleaners are often stored in containers that may not be child-resistant, which can pose a serious risk of accidental ingestion or exposure. This can result in poisoning, and in severe cases, even death.

While the other options provided, such as a garden hose, bookshelf, and lamp, can also pose risks if not used properly or designed poorly, they are generally considered safer than bathroom cleaners.

A garden hose may pose a tripping hazard if not stored properly, a bookshelf may fall if overloaded, and a lamp may pose an electrical hazard if damaged, but these risks can be mitigated through proper use and maintenance.

Learn more about inherently unsafe here

https://brainly.com/question/30440127

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Oliveras Company had net credit sales during the year of $800,000 and cost of goods sold of $500,000. The balance in accounts receivable at the beginning of the year was $100,000, and the end of the year it was $150,000. What were the accounts receivable turnover and the average collection period in days? a. 6.4 and 57 days. b. 4.0 and 91.3 days. c. 5.3 and 68.9 days. d. 8.0 and 45.6 days.

Answers

Answer:

a. 6.4 and 57 days

Explanation:

The computation of the accounts receivable turnover and the average collection period in days is shown below;

The account receivable turnover is

= $800,000 ÷ ($100,000 + $150,000) ÷ 2

= 6.4 times

And, the average collection period is

= 365 days ÷ 6.4 times

= 57 days

Therefore the a option is correct

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