Naomi is sixteen and she would like to open a savings account. What should she do?

PLEASE HELP! :)

Answers

Answer 1
Visit different banks and find out how often it compounds, and she should find out the intrest rate of each account to see which will earn her the most money.
Answer 2

The answer is: Visit different banks and find out how often it compounds, and she should find out the interest rate of each account to see which will earn her the most money.

The compound time for interest is usually given either yearly, quarterly, or monthly (longer compound time usually has higher interest rate).

Naomi need to evaluate her own economic needs and determine the best possible option for her. For example, if she is not planning to use her saving within short period of time, she could opt for longer compound time and higher interest rate since it would be beneficial for her the most.


Related Questions

In order to achieve price stability, inflation must be zero.
a. True
b. False

Answers

False, inflation does not need to be zero to achieve price stability. Although the ideal rate of inflation is zero, that's likely not going to happen. Most record a low inflation rate of of 1% give or take, but not zero. The key factor in price stability is to have a low and consistent inflation rate over time. 

Using​ a(n) __________ marketing​ strategy, a firm might decide to ignore market segment differences

Answers

Using an undifferentiated marketing strategy a firm might decide to ignore market segment differences.

In undifferentiated marketing, also known as mass-marketing, markets focus on serving the majority of customers and what they like verse a smaller group and what's different. 

Using​ an "undifferentiated" marketing​ strategy, a firm might decide to ignore market segment differences



The undifferentiated marketing strategy centers around a whole target showcase instead of a portion of it. This methodology utilizes a solitary showcasing blend - one item, one value, one position and a solitary limited time exertion - to achieve the most extreme number of buyers in that objective market. "Advertising," by William M. Pride and O. C. Ferrell, gives wares says sugar and salt are precedents of items that may be advertised adequately through an undifferentiated methodology, the same number of purchasers in the general market have comparable requirements for the items. Pride and Ferrell note, in any case, that accomplishment with undifferentiated promoting likewise relies upon the advertiser having the assets and abilities important to contact an extensive group of onlookers.

The individual performer is a __________, whereas the manager has to be a(n) __________.

Answers

A generalist have to engage, organize, manage and thrive in a wide range of environmental conditions (large office, staff, personalities, tasks). A specialist has these same characteristics but on a limited scale. When following these principles an individual performer is specialist, whereas the manager has to be a generalist. 

What best describes Subsidized federal loans

Answers

type of federal student loan which the government pays the interest that accrues while student is in school.
"The government"pays the interest for Direct Subsidized Loans while the student is in college or while the loan is in deferment.

In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. For what purpose did this person use the money?
A) increase trade
B) store of value
C) medium of exchange
D) unit of account
E) investment

Answers

c the medium of exchange

In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. Medium of exchange, purpose did this person use the money. Thus, option (c) is correct.

What is money?

The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.

Money is used to purchase and exchange goods and services. Transactions can be carried out more easily because of the medium of exchange. A currency's use as a medium of exchange is another way to gauge its international standing.

As a result, the significance of the purpose did this person use the money are the aforementioned. Therefore, option (c) is correct.

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When the price of chocolate-covered peanuts decreases from $1.10 to $0.95, the quantity demanded increases from 190 bags to 215 bags. in this price range, the demand for chocolate covered peanuts is _____, and total revenue will _____ when price decreases?

Answers

In this price range, the demand for chocolate covered peanuts is increasing, and the total revenue will decrease when the price decreases. 

Total revenue currently ($1.10)(190) = $209
Total revenue with demand increase but price decrease = ($0.95)(215) = $204.25 

Although the demand is increasing, due to them dropping the price by $0.15 they are lowering their revenue on the chocolate covered peanuts by $4.75.

Final answer:

The demand for chocolate-covered peanuts is elastic, and total revenue will increase when the price decreases from $1.10 to $0.95 because the quantity demanded rises from 190 bags to 215 bags, resulting in greater total revenue.

Explanation:

When the price of chocolate-covered peanuts decreases from $1.10 to $0.95, the quantity demanded increases from 190 bags to 215 bags. This economic behavior is an example of the law of demand, which states that, all else being equal, as the price of a good falls, the quantity demanded of that good increases, and conversely, as the price of a good rises, the quantity demanded of that good decreases. In this price range, the demand for chocolate-covered peanuts is elastic, and total revenue will increase when price decreases because the decrease in price leads to a proportionally larger increase in the quantity demanded.

For example, originally at $1.10 per bag, the total revenue would have been 190 bags x $1.10 = $209.

At the new price of $0.95 per bag, the total revenue becomes 215 bags x $0.95 = $204.25.

Here, although the price has decreased, we see an increase in the quantity demanded, resulting in an increase in the total revenue, indicating an elastic demand scenario.

Write a paragraph that explains the most important principles to keep in mind when creating a budget. Describe at least three important principles in your answer.

Answers

When creating a budget you want to remember your income level and what you can afford. If you only make 200$ every week you don't want out budget to be 200$ cause you won't have anything for savings. You also want to keep in mind your wants verses needs. the last thing you want to keep in mind is whatever your buying is it worth spending money on i.e. good quality, last you while, etc.

A budget is a financial idea for a defined period, frequently one year.

The most important principle which should be kept in mind to remember the level of the budget.

What is budget?

A budget is an approximation of revenues and expenses over a limited upcoming period of time and is applied by governments, businesses, and individuals.

A budget is essentially a financial plan for a settled period, commonly  one year, that is known to greatly raise the success of any financial projecting.

At the time of making a budget, an individual want to think his/her income state and what you can spend. If an individual only make $1000 every week, he/she do not desire our budget to be $1000 because he/she won't have anything for savings.

Three principles of setting the budget are:

1. Amount of budget must spend on good quality products or services.

2. It must not be more than or equals to the amount of the total income.

3. There must be a time period of using the budget.

Therefore, It is important to keeps in mind that budget doesn't exceed the amount of the total income.

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What is the practice of partying in the stadium parking lot before an event?

Answers

It is called tailgating.

The practice of partying in the stadium parking lot before an event is Tailgating. The correct option is (1).

What do you mean by stadium parking?

Stadium parking refers to upgrades, infrastructure, and other parking-related arrangements for stadium operations and events, including licenses, leases, and other parking use contracts.

Before and occasionally after games, festivals, and concerts, tailgate parties take place in the parking lots of stadiums and arenas.

People who attend such events are referred to as "tailgaters. Even if their cars don't have tailgates, a lot of people still participate.

Fans used the back fold-down tailgates as seats or buffet tables after the 1930s saw the introduction of station wagons with wooden sides.

Therefore, Tailgating is the practice of partying in the stadium parking lot before an event.

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This is an incomplete question, the complete question is:

What is the practice of partying in the stadium parking lot before an event?

1) Crowdsourcing

2) Moshing

3) Tailgating

4) None of the above

Which of the following examples is the best demonstration of a qualification profile?

A. Highly motivated IT college graduate with software design internship. Experience with Java, XML, and HTML. Logical and systematic problem-solver; capable of independently troubleshooting and performing complex coding tasks.
B. I'm an IT college graduate, who has completed a software design internship. My strengths include writing code and troubleshooting. I have experience with Java, XML, and HTML, and I'm capable of independently performing complex coding tasks.
C. IT college graduate with internship. Skilled at writing code and troubleshooting. Experience with Java, XML, and HTML. Logical and systematic problem-solver.
D. IT college graduate with software design internship. Experience with Java, XML, and HTML. Logical and systematic problem-solver.

Answers

Highly motivated IT college graduate with software design internship, experience with Java, XML, and HTML who is logical and systematic problem-solver, capable of independently troubleshooting and performing complex coding tasks best demonstrates a qualification profile.
From all the given example this one has the most qualifications and knowledge.

A corporate bond with a 6 percent coupon was issued last year. which one of these would apply to this bond today if the current yield to maturity is 7 percent

Answers

amoreandrusamoreandrus

When looking to invest money in a company by purchasing stock, why is it important to look at many different companies in which to invest?

Answers

It is important to look at many different companies in which to invest your money in because you will be able to compare which company has the greatest advantage among others so that you will not only have a sure return on your investment but also a higher return

Answer:

It is important to look at many different companies in which to invest your money in because you will be able to compare which company has the greatest advantage among others so that you will not only have a sure return on your investment but also a higher return

Explanation:

I used this, and got 100%

The step in designing a customer value dash–driven marketing strategy in which a company divides a market into distinct groups of buyers is known as market​ __________.

Answers

The step in designing a customer value dash–driven marketing strategy in which a company divides a market into distinct groups of buyers is known as market​ segmentation. 
The business market and consumers are divided into subgroups that share common properties and characteristics.

Which person is most creditworthy?

A. Nancy
B. Sylvia
C. Fiona
D. Uli

Answers

fionna is the answer
( C ) Fiona, She Buys Food And Necessities And Pays More Than The Minimum Due On Her Bills Each Month . She Goes Out With Her Friend's Using Some Of The Money That Is Left In Her Checking Account. She Puts Her Busy First And Hangout Later .

please i need your help guys!
(5 points each for a possible total of 10 points) 1. After several years of business, Abel, Barney, and Cole are liquidating. The following are post-closing account balances. Cash 18,000 Inventory 73,000 Other assets 157,000 Accounts Payable 61,000 Abel, Capital 50,000 Barney, Capital 50,000 Cole, Capital 87,000 Noncash assets are sold for $275,000. Profits and losses are shared equally. After all liabilities are paid, divide the remaining cash amongst the partners.

Answers

Abel and Barney will both receive $65,000.00.
($50,000 return on capital and $15,000 of the remaining cash)


Cole will receive $102,000.00
($87,000 return on capital and $15,000 of the remaining cash )

hope this helps<3

A smart card looks like a credit card but it has a(n) ________ built into it

Answers

It has a microchip built into it that you would insert into a machine instead of swiping it. 

"a relatively stable, enduring predisposition to behave in a certain way" is the definition given by the textbook author for a_____________.

Answers

"A relatively stable, enduring predisposition to behave in a certain way" is the definition given by the textbook author for a trait. A trait can be noticed when a provocation percieved by the person in an environment that triggers the predisposition. The trait is part of the person that is not dependent on the environment.

Which exhibit would be the least likely choice for a museum specializing in european art?

Answers

C. Temple Art would be the correct answer 

C. Temple Art is the least likely choice for a museum specializing in European art because it is primarily associated with ancient temples in Asian cultures.

Considering the context of European art history, the least likely choice would be Temple Art. This primarily refers to art associated with ancient temples commonly found in Asian cultures, rather than European. On the other hand, Renaissance Art, Medieval Art, and Baroque Art are key periods within European art history.

Renaissance Art encompasses the transition from the Middle Ages to modernity, Medieval Art spans from the decline of the Roman Empire to the beginning of the Renaissance, and Baroque Art flourished in Europe from the late 16th century to the early 18th century.

Complete question

Which exhibit would be the least likely choice for a museum specializing in European Art?

A. Renaissance Art.

B. Medieval Art.

C. Temple Art.

D. Baroque Art.

Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in the account if she makes annual payments of $4,291 into an account paying 2.23% interest compounded annually for 30 years.

Answers

$180,488.86 will be the amount in her account in 30 years

Answer:

$180,488.86

Explanation:

If the government wants to reduce smoking it should impose a tax on

Answers

import of cigarettes

The opportunity cost of studying for an economics test is: negative, since it may improve your grade. zero, because you knew when you registered for the class that studying would be required. the money you spent on tuition for the class. the best alternative use of your time.

Answers

what. -_- ?????????????
Final answer:

The opportunity cost of studying for an economics test is the best alternative use of your time. This is because opportunity cost in economics is defined as the potential benefit that is given up when choosing one alternative over another.

Explanation:

The concept of opportunity cost refers to the potential benefit that an individual, investor, or business misses out on when choosing one alternative over another. Given the economic interpretation of the question, the opportunity cost of studying for an economics test is the best alternative use of your time. To explain further, if you choose to study for the economics test, you are giving up the ability to spend that time doing something else that could potentially bring you benefit or enjoyment (e.g., working and generating income, hanging out with friends, etc.); in this context, that is your opportunity cost.

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Comparison of product features is part of the ____ phase of the decision-making process

Answers

The evaluating alternatives part of the decision-making process!

If net exports is a negative number for a particular year, then

Answers

The value of foreign goods purchased exceeded the value of goods sold to foreigners during the current year. 


Final answer:

A negative net export figure indicates a trade deficit, which occurs when a country imports more goods and services than it exports. The deficit increases if imports grow faster than exports. This can occur due to a variety of economic factors.

Explanation:

If net exports is a negative number for a particular year, that means the value of goods and services a country imported exceeded what it exported. This condition is known as a trade deficit.

Net exports is calculated by subtracting the value of imports from the value of exports (X-M). So, when the value of imports (M) is greater than the value of exports(X), the result is a negative number indicating a trade deficit.

If the deficit increases, it means imports are growing faster than exports. This is demonstrated when more money flows out of the country to pay for imports, making the current account more negative or less positive. It could be the result of a stronger domestic currency, consumer preferences, or other economic factors.

For example, since the early 1980s, the United States has typically experienced a trade deficit as imports have exceeded exports.The increasing deficit implies a rising demand for foreign products, which may stimulate economic growth in countries that are the sources of those imports.

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A ____, such as microsoft outlook or lotus organizer, can help manage meetings, interviews, appointments, and deadlines and provide a personal calendar and a to-do list, with priorities and the capability to check off completed items.

Answers

A PIM is your answer

A critical function of the government in facilitating the operation of a market economy is

Answers

A critical function of the government in facilitating the operation of a market economy is setting and enforcing private property rights. Private property rights determine how a resource or good is owned. 

How many individuals are employed by foreign-owned firms throughout the world?

Answers

The correct answer should be
Around 80 million

A seller's willingness to accept is the same as his ________ cost of production.

Answers

A seller's willingness to accept is the same as his marginal cost of production.

Marginal cost is the increase or decrease in cost of production if the output is increased. The marginal cost of production is the change in the total cost of the product from producing one addition item. 

Which is the largest of the four information technology pathways?

A. Programming and Software Development
B. Network Systems
C. Interactive Media
D. Information Support and Services

Answers

D-Information Support and Services

The largest of the four information technology pathways is programming and Software Development. This pathway involves designing, coding, testing, and maintaining software programs and applications for various computer systems and platforms. Therefore, option A is correct.

What is an information technology pathways?

Information technology (IT) pathways are a series of educational and career opportunities that allow individuals to develop skills and expertise in various areas of IT.

These pathways typically include a set of courses, certifications, and hands-on experience that prepare individuals for entry-level and advanced IT jobs.

The four main IT pathways are Programming and Software Development, Network Systems, Interactive Media, and Information Support and Services.

These pathways cover a wide range of IT skills and applications, including programming languages, web development, network security, hardware and software maintenance, and database management.

Pursuing an IT pathway can lead to a rewarding career in a rapidly growing industry with a high demand for skilled professionals.

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It is believed that ______________ weaken the chemical bonds that constituent mineral grains, enabling them to act in more of a ductile manner than if this factor was not involved.

Answers

When it comes to the deformation of rocks, it is believed that water weaken the chemical bonds that constituent mineral grains. Water forms a film around the mineral and weaken the bonds. This is why wet rocks tend to act in a more ductile manner. If a rock is dry, they tend to be more brittle.

Answer:

Water

Explanation:

Water can help break down the grains so they become more pliable.

Which is not ordinarily a responsibility of the director?
a. to cast and rehearse with the performers
b. to determine the total cost of the production and its projected income
c. to decide upon an interpretation of the script and a concept or focus for its production
d. to coordinate the integration all of the elements into a finished production?

Answers

To determine the total cost of the production and its projected income

If all other factors are equal, what will happen to the supply of a product if the price goes up? A. The supply will increase. B. The supply will decrease. C. The demand will increase. D. The competition will decrease. Please select the best answer from the choices provided A B C D

Answers

The basic principle is that if the price of a product goes up, all other factors being equal its demand will go down and vice versa (law of demand). Since in this case the price goes up, the demand will go down. The law of supply states that hen prices rise, supply rises too (in order to make profit). There is no general model predicting whether the market will be more competitive or not. Thus, the best answer from the above is A.
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