what is the difference between a traditional savings account and an online savings account

Answers

Answer 1
In traditional savings account, you can withdraw money whenever you need it without a financial penalty. In online savings account, link to traditional or online checking accounts and you enter your banks routing number and account number on the application. You can also transfer money between linked accounts with online savings. (hope this helps:)

Related Questions

Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:

Answers

Answer:

178 and 186

Regulation= 1,645

Tradable permits= 745

Elimination of pollution will be LESS costly

Explanation:

Calculation to Determine the total cost of eliminating six units of pollution using both methods

Computation for Method 1

REGULATION

Firm X = 95+120 = 215

Firm Y= 450+800 = 1,250

Firm Z= 80+100 = 180

Computation for Method 2

TRADABLE PERMITS

The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :

178 and 186

Firm Initial permit Action Final Amount Cost of reduction

X 2 Sell 1 permit 3 95+120+200 = 415

Y 2 Buy 2 permit 0 0

Z 2 Sell 1 permit 3 80+100+150 = 330

REGULATION vs TRADABLE PERMITS

Regulation= 215+1250+180

Regulation= 1,645

Tradable permits = 415+330

Tradable permits= 745

Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.

Emissions trading is a market-based strategy to pollution control that creates financial incentives for polluters to reduce their emissions.

178 and 186

Regulation= 1,645

Tradable permits= 745

Elimination of pollution will be LESS costly

Calculation to Determine the total cost of eliminating six units of pollution using both methods:-

Computation for Method 1

REGULATION:-

Firm X = 95+120 = 215

Firm Y= 450+800 = 1,250

Firm Z= 80+100 = 180

Computation for Method 2

TRADABLE PERMITS:-

The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :

178 and 186

Firm Initial permit Action Final Amount Cost of reduction

X 2 Sell 1 permit 3 95+120+200 = 415

Y 2 Buy 2 permit 0 0

Z 2 Sell 1 permit 3 80+100+150 = 330

REGULATION vs TRADABLE PERMITS

Regulation= 215+1250+180

Regulation= 1,645

Tradable permits = 415+330

Tradable permits= 745

Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.

To know more about these methods, refer to the link:

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If you saw a coworker take something from the clinic what would you do?

Answers

Answer:

Um I would either tell them that he took it or i would just not worry about

Answer:

Join him.......

Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but his senior manager did not permit him and forced him to work strictly in accordance with the plan. Which limitation of planning is highlighted in this case

Answers

Answer: Planning reduces creativity

Explanation:

Under Planning reduces creativity, all team menbers are instructed or directed to work within the frame given by the management to them, working outside the frame of what was issued would go against the directives of the organization. This type of limitation of planning limits creativity, because members won't be able to introduce ideas to advance the growth of the team.

Dana spends several hours researching prices and online reviews of t-shirts for a school
club. Which of the following is a cost of her research?
A. A popular t-shirt option
B. The time spent on the task
C. The best option at the lowest price
D. Appreciation from the club members

Answers

Answer:

B. The time spent on the task

Explanation:

The time that Dana spends carrying out her task is a cost to her.  That cost can be calculated by ascertaining the gains or benefits she has missed due to the research.

If Dana were not doing the research, she would be engaged in other activities. Those activities could have been of benefit to her, be it financially or otherwise. The benefits foregone are the cost of Dana doing the research.

Answer:

Hi, the answer is most likely

The time spent on the task

Lynwood Bauer was paid $7.25 an hour for his first 2 months of work at his after-school job. He earned $7.45 an hour in the next month and $7.25 in the next four months. What is his average hourly pay rate for the months he worked at his part time job, to the nearest cent /

Answers

Answer:

$7.56

Explanation:

The computation of the average hourly pay rate is shown below:

= (Total wages for all seventh month) ÷ (number of months)

= ($7.25 × 2 + $7.45 + $7.25 × 4) ÷ (7 months)

= $7.56

Hence, the average hourly pay rate for the month is $7.56 and the same is to be considered

We simply applied the above formula

How to get out of debt

Answers

Pay it off or go to court and have it removed

Hope this helps you

an employee who has integrity is

Answers

Integrity is the act of behaving honorably, even when no one is watching. ... Employers who are committed to hiring employees with integrity are better equipped to provide high-quality service and maintain a positive reputation. When employees have integrity, their managers can trust their team is working diligently.

Answer:trustworthy and honest

Explanation:

Cause I’m amazing

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST PERSONAL & FAMILY FINANCE)

How is international trade MOST likely to impact companies and individuals?



Companies may choose to move their business to a different country.



Consumers have to learn a new language to be able to purchase goods from other countries.



Goods are no longer allowed to be traded from one country to another.

Answers

Answer: first one I think

Explanation:

Answer:

Goods are no longer allowed to be traded from one country to another (The last one)

Explanation:

If goods were no longer allowed to be traded, those who need the goods wouldn't have any and the business could ultimately clash.

Hizan is the owner of a company manufacturing shirts. His company is selling the shirts at a price of ₹200 per unit. The variable costs is ₹150 per unit. The fixed costs for the period is ₹5,00,000/-. Calculate the minimum number of units that must be sold for the company to attain break even. Show break even in terms of rupees.

Answers

Given:

Selling price = ₹200 per unit

Variable costs = ₹150 per unit.

Fixed costs for the period = ₹5,00,000

To find:

The minimum number of units that must be sold for the company to attain break even and break even in terms of rupees.

Solution:

We know that,

Total cost = Fixed cost + Variable cost

Let the number of manufacturing shirts be x, so the cost function for the shirts is

[tex]C(x)=500000+150x[/tex]

Selling price is ₹200 per unit. So, revenue function is

[tex]R(x)=200x[/tex]

At break even point the company has no profit no loss. It means, revenue is equal to cost.

[tex]R(x)=C(x)[/tex]

[tex]200x=5,00,000+150x[/tex]

[tex]200x-150x=5,00,000[/tex]

[tex]50x=5,00,000[/tex]

Divide both sides by 50.

[tex]x=10000[/tex]

Therefore, minimum number of units that must be sold for the company to attain break even is 10,000.

To find the break even price, substitute x=10000 in either cost function or revenue function.

[tex]R(10000)=200(10,000)[/tex]

[tex]R(10000)=20,00,000[/tex]

Therefore, the break even in terms of rupees is ₹20,00,000.

What is the most difficult part of being a leader?

Answers

Answer:

Guiding everyone else to success

Explanation:

The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.

What are the difficulties of being a leader?

A good leader is only good as long as he can unite people and motivate them to work together for one purpose.

The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.

One of the toughest aspects of leadership is delegating authority as people are very complicated.

Learn more about the leadership here:-

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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE


Sarah, realizes she has a passion for finance. She specifically would like to study how personal behavior impacts our finances and the entire society. What career choice would BEST fit Sarah’s desire to study financial decisions and how we make them?




economist




math teacher




stock broker

Answers

It would be an economist. Economists conducts research, collect and analyze data, and monitor economic trends. Therefore they technically study how personal behavior impacts our finances and the entire society.

Answer:

economist

Explanation:

Why is creating an entrepreneurial team a good idea?

Answers

It's essential, therefore, that they can work together, communicate, and collaborate effectively. Building a team with fellow business professionals you respect and admire is importance

What is the meaning of time recovering ​

Answers

Answer:

to recover a wound

Explanation:

time to recover the sentence shows recover what can possibly recover ofcource a wound.

What degree is needed to be an accountant?
I really, really, really need the answer

Answers

It’s not required but accountants go to college and earn their bachelors degree!

Answer:

bachelor's degree

Explanation:

Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.

After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.

Answers

After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.

What is investing?

Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.

Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.

Learn more about investment here:

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An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The purpose of the cookie is to remember information about the user and help monitor-browsing patterns on their site and others. This enables the boutique's website to suggest products to the customer that match their browsing history. This is:

Answers

Answer:

a practice that may have longer term implications on the ethics of personal privacy

Explanation:

Cookies are a tool that is used on websites to identify user browser history.

The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.

Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.

Cookies save information about a user session by storing data like usernames.

There is a long term danger of having one's browsing history tracked without their consent

What ia Marginal benefit

Answers

Answer:

Marginal benefit is the incremental increase in the benefit to a consumer caused by the consumption of one additional unit of a good or service.

For example, a consumer is willing to pay $5 for an ice cream, so the marginal benefit of consuming the ice cream is $5.

hope this help!

Answer:

In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.

Explanation:

what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?

Answers

Explanation:

What are the answered choices

(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transactions between the parent entity and the subsidiary entity will need to be eliminated on consolidation? (2 marks) (b) What is a non-controlling interest, and how should it be disclosed? (2 marks) (c) How are non-controlling interests affected by intra-group transactions? (2 marks) (d) What are the three steps we use to calculate total non-controlling interest? (1 mark)

Answers

Answer:

Follows are the solution to this question:

Explanation:

In point a:

If the parent firm doesn't hold the conglomerate's equity stake, depreciation expense acknowledged by the parent company's owner and expenditures shall be removed throughout the consolidated statement of financial position. Its combined cash flow deletes debts previously recognized as assets for both the parent corporation and as debts for all the subsidiaries to offer a real and equal view. All the intragroup balance should be removed to avoid double-counting of financial assets resulting from payments in between the group's members.

In point b:

If a parent company has a stake in a subsidiary that is called noncontrolling interest over 50%, but less than 99 percent. Its parent company shall report a different non-controlling interest line on the income statement and revenue report to reveal its noncontrolling interest.

In point c:

Its Group of non - management Concerns may not claim responsibility mostly on a share of a benefit, doesn't have any influence from over parent's decision. Intra-group payments in a word-level shall be removed.

In point d:

Its NCI share of the opening in net assets of the subsidiary + NCI share of even an amortization fair value + NCI profits due to NCI - (dividend payable to the noncontrolling shareholder) = unlawful interest at the date of the merger is three steps for the calculation of total the uncontrol value.

What is true about expense ratios for fees charged to manage mutual fund accounts?

Answers

Answer:

A lower percentage ratio indicates more money has been invested to make money for the customer

Explanation:

Preparing as much as possible for your first day of work can help workers to ________. a. remember important tasks they have forgotten b. let employers see how hard working they are c. use up stores of nervous energy they have d. feel unprepared for their new challenges Please select the best answer from the choices provided A B C D

Answers

Answer:

Use up stores of nervous energy they have.

Explanation:

hopes this helps:)

Answer:

C

Explanation:

Use up stores of nervous energy they have. hope its right got you guys

Use the following information to calculate Diana's liabilities:

Savings account: $2,500.00
Checking account: $400.00
Car value: $5,000.00
Personal property value: $5,500.00
Loan for vacation: $2,000.00
Loan from grandparents: $250.00

Answers

Answer:

=$2,250

Explanation:

Liabilities are what we owe to others. They include debts, loans, mortgages that we have borrowed from friends, banks, or other lenders.

From the list provided, Diana's liabilities are

1.Loan for vacation: $2,000.00

      2.Loan from grandparents: $250.00

Total liabilities= $2000+ $250 = $2,250

Parent's Signature:------------
Sep
1
Balances brought forward: Cash $ 1620, Bank $9800
Trade Payables: Blue $ 800; Red $1200; White $2000
Trade Receivables: G Graham $500; A Ahmed $180; R Brown $640
b/a
70
2
6
8
9
>
The following paid their accounts by cheque, in each case deducting 5% cash discounts:
G Graham $500; A Ahmed $180; R Brown $640
Sold goods on credit Alan $900
Paid rent by cheque $350
H Mohamed lent us $6700 by cheque
We paid the following accounts by cheque in each case deducting 2 %% cash discount:
Blue $ 800; Red $1200; White $2000
Alan paid us the amount owed by him after allowing the discount of 10%
Paid motor expenses in cash $120
P Jack pays his account of $210, by cash $200, deducting $10 cash discount
Cash withdrawn from the bank for business use, $650
Paid wages in cash in cash $ 140
Cash withdrawn from the bank for personal use, $300
Received commission by cheque $260
Purchased furniture for $2200 and paid half of it by cheque
Cash deposited to bank account $600
Three Column Cash Book
12
15
18.
22
26
27
30
Date
Details
DA (S)
Date
Details
DR(S) Cash(s)
Cash($) Bank ($)
1620 9800 1
Bank($)
A Sep Balance b/a
Blue​

Answers

Answer:

its good

Explanation:

it's great vsvhebejehsdhdbehhebehdbeh

Which of the following is a goal of the FBLA-PBL?
A. Requiring all members to maintain straight A's
B. Facilitating the transition from school to work
C. Serving the needs of businesses above students
D. Discouraging school loyalty and scholarship

Answers

Answer:

b

Explanation:

Answer:

it's B facilitating the transition from school to work

Explanation:

just took the quiz

А
(Blank) is a plan in which an individual balances available resources and expenses.

Answers

Answer:

budget

Explanation:

A budget is a tool that shows how an individual, organization, or a country wishes to spend their expected income. It is a plan of how to spend estimated income for a specified known period. Budgets help prioritize expenses and point out funding deficits.

Budgets require balancing income with expenses. The individual, organization, or country need to reorganize resources to avoid overspending. Avoiding budgets may lead to incomplete goals and debt problems.

BRUH THIS THING LOGGED ME OUT WHAT IS GOING ON

Answers

Answer:

?????????????

Explanation:

???????????

Did you figure out why?

what are you all doing for hoolween this year?

Answers

Answer: I’m having a Halloween party with my parents and family because you know ya girl ain’t trying to get sick

Explanation:

How do any of these life decision problems

Answers

Answer:

baseially you are putting in a person is affecting your life. you come up with a solution. write a postive way to solve it then right a negavitve way to solve it.  then write when you are going to solve  your problem. then the steps that are needed.


Fees
Annual Fee $30
Transaction Fees Balance tranfers—$10 or 3% of the transaction (whichever is greater)
Cash advance—$10 or 3% of the transaction (whichever is greater)
Penalty Fees Late fee: $35
Over-the-credit-limit: $35
Returned payment: $25

Based on the Schumer Box, what is the transaction fee on a cash advance of $300?
$35
$30
$25
$10

Answers

Answer:

$10

Explanation:

The cash advance fee is quoted as $10 or 3% of the transaction fee, whichever is greater.

The cash advance, in this case, is $300.

the transaction fee will be 3% of 300

= 3/100 x $300

=0.03 x $300

=$9

$10 is greater than $9; therefore, the transaction fee will be $10

Answer:

D

Explanation:

took the test

Your brother has cooked the books and skimmed money because he has six kids, one ex-wife, and may lose his home. The corporation's ISP sues the corporation for defaulting on the Web design and hosting contract, which you signed, claiming that the corporation is a sham corporation. You and your mom are personally liable.

False

True

Answers

Answer

false (?)

Explanation

I have no explanation

True

Answer:

Explanation:

Did on Edg

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