Answer:
The important thing to remember here is that the interest is compounded semi annually, which means twice a year. When the 1st interest is compounded, the second interest is calculated on that new amount.
(11,500 + (11,500×6%)) = $ 12,190
(12,190 + (12190×6%)) = $ 12921.40
Explanation:
Answer:
Nearly an equal number of consumers use mobile and online banking to pay bills because of the ease and convenience these methods afford them.
Explanation:
To hypothesize means to provide a possible explanation for something. So, a possible reason or explanation of why most customers prefer the online and mobile methods of making payments and receiving funds is that it is much easier for them.
Some of these easy benefits include;
1. They do not have to stand in long queues to pay through cheques.
2. They can process their transactions from any location and at any time.
3. There are fewer requirements needed to process transactions.
Answer:
Downward communication
Explanation:
Within an organization, downward communication refers to any communication that starts in a higher level of the organization and flows to a lower level of the organization.
In this case, since the board of directors is the highest level of a corporation, any communication that is sent to other parts of the corporation will always be downward communication.
I believe the answer is:
1/Retirement plans
Especially the one that arranged by the government since it guaranteed by Federal banks
2/Property
The value would almost always increasing over time
3/A-rated bonds
A- rated bonds is score that given to the bond that have strong chance of return by credit rating company
4/Speculative stocks
If speculative stocks is scored by rating company, it would become B-rated or lower.
Answer:
Direct Marketing
Explanation:
These companies and many more rely on selling door to door, using home sales parties, etc. They do not involve huge media campaigns. They are pretty much focused on their investments in advertising. Since they normally know better who are they're targetting.
