why can a bank afford to pay interest rate on a savings account

Answers

Answer 1
How can a bank afford to pay interest? Banks use the money deposited on savings accounts to lend to borrowers, who pay interest on their loans. ... The difference between the money earned as interest on loans, any operating expenses, and the money paid as interest to savings accounts is profit to the banks.
Answer 2

Answer:

Banks use the money from borrowers whom they charge at a high interest rate, and gives a lower rate to the people who have a savings account.  


Related Questions

the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.The balance of the account is a/an

Answers

Answer:

$800 Debit.

Step by step explanation:  

We have been given that the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.

Since debit postings are more than credit postings, so the balance of the account will be debit.

Let us find how many debit postings will be in the balance of account by subtracting 1100 from 1900.

[tex]\text{The balance of the account}=1900-1100[/tex]

[tex]\text{The balance of the account}=800[/tex]

Therefore, the balance of the account is a $800 debit.

When making an account statement, there are two columns, one is the Debit Side and the other is the Credit Side. Debit side means an increase in the Assets, expenses or Revenues. Whereas credit side means an increase in the liability, or equity of the company.

In this case, Debit side has an amount of 1900 and Credit side has an amount of 1100. The balance of the account would be 1900 - 1100 = 800 Debit.

It can be like:

                       Debit              |              Credit

                       ------------------------------------------

                        1900              |                 1100

                       ------------------------------------------

                                  Balance: 800

A trip arranged by a travel professional that has at least two travel components is called _____.

adventure travel
an incentive trip
packaged travel
independent travel

Answers

I believe you answer would be

adventure travel

Answer:

Its packaged travel. I got it right on Odyssey

Explanation:

Which aspect of a business needs the support of accurate market research?

Answers

Final answer:

Accurate market research is critical in supporting marketing and product development in a business. It is fundamental in business decision-making and understanding the market structure and competition. With globalization and advancements in technology, the importance of accurate market research has been emphasized even more.

Explanation:

The aspect of a business that most requires the support of accurate market research is the marketing and product development department. Accurate market research provides comprehensive information about the product's price, quality, and the needs and preferences of the target customers. This knowledge is crucial in the development and successful launch of new products or improving existing ones.

Moreover, market research can also influence strategic business decisions, like penetrating a new market or pivoting product lines. The recent shifts in market definition due to technology and globalization mean that businesses now face increased competition. With the advancement of online shopping, consumers can order products from anywhere in the world and compare prices and quality, which emphasizes the importance of accurate market research.

Accurate market research helps in understanding the market structure and the level of competition a business might face. By evaluating the production and cost conditions and the level of competition in the industry, businesses can make informed decisions that will support their growth and success.

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which job category is likely to deal with primarily supply chains

Answers

Professionals in logistics, operations, and supply chain management handle jobs focused on supply chains. They ensure efficient flow of goods and information from production to consumers, and are essential in building agile, resilient, and cost-effective supply chain networks. The COVID-19 pandemic highlighted the importance of effective supply chain management due to significant disruptions experienced.

The job category that is likely to deal primarily with supply chains includes professions in logistics, operations management, and supply chain management. These professionals are responsible for overseeing the end-to-end process which involves the extraction of raw materials, production, inventory management, transportation, and distribution to wholesalers and retailers. They work to ensure operational excellence by investing in technologies, applying metrics, and maintaining labor rights to create efficient and responsive supply chain systems that can withstand various challenges such as national emergencies and market fluctuations.

Improving supply chains often entails advancements in technology, optimizing transportation methods, and vehicles, as well as implementing robust policies. The goal is to ensure supply chains are resilient, cost-effective, and capable of meeting customer needs swiftly. Sharing technological innovations with developing countries and upholding labor rights are also vital for a sustainable and equitable global supply chain network.

It's important to note that the agility and resiliency of a supply chain have become increasingly critical, as evidenced during the COVID-19 pandemic when many supply chain disruptions occurred, leading to business closures and economic turmoil. Companies that excel in supply chain management are better positioned to navigate such disruptions successfully.

what is 87.5 of 150?

Answers

The answer is 131.25

131.25 THAT IS THE ANSWER

which of these is representative of quantitative data?

A.Joni buys coffee three times a week at the local donut shop.
B.Andre prefers chocolate cake over vanilla.
C.Georgia prefers floral-scented soaps to sweet-scented soaps.
D.Sammy likes to watch horror movies more than comedy.

Answers

Quantitative data is defined by one thing: numbers. It differs from qualitative data in that the latter is usually in the form of words or sentences.

Thus, from the given options, the choice that is representative of quantitative data would be (A) Joni buys coffee three times a week at the local donuts shop.

The option which says Joni buys coffee three times a week at the local donut shop is a representative of quantitative data. Option A

What is a quantitative data?

Quantitative data is numerical information used for measuring and quantifying characteristics, making it ideal for mathematical analysis. Key features include numeric values expressed as integers or real numbers, and it can be continuous (within a range) or discrete (distinct values like family size). Measurement units, like inches or dollars, add context, enhancing objectivity. It is observable and objective, minimizing bias.

Quantitative data finds application in science, business, economics, and various domains where numeric analysis is pivotal. Examples encompass age (years), temperature (degrees Celsius/Fahrenheit), income (currency), height (inches/cm), car sales (monthly numbers), and test scores. Statistical tools such as mean, median, standard deviation, and regression are employed for analysis, aiding in informed decision-making and drawing conclusive insights from quantitative data.

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In human services, some administrative positions include the board of directors, development directors, grant writers, program directors, and ____.


A. Board of governors
B. Operation directors
C. Assistant paraprofessionals
D. Media directors

Answers

In human services, some administrative positions include the board of directors, development directors, grant writers, program directors, and Media directors. Hence the correct option is d.

In the realm of human services, administrative positions play a crucial role in ensuring the effective functioning and success of organizations dedicated to social welfare. Apart from the board of directors, development directors, grant writers, and program directors, another essential administrative role is that of media directors.

These professionals are responsible for overseeing and managing communication strategies, public relations efforts, and media outreach initiatives for human services organizations. In an age where effective communication and outreach are integral to creating awareness and garnering support, media directors contribute significantly to the overall success and impact of such organizations by strategically navigating the realm of media and public relations.

Their role involves cultivating a positive public image, disseminating key messages, and utilizing various media platforms to advance the mission and goals of the human services agency. Hence the correct option is d.

Final answer:

Operation Directors are key administrative positions in human services, responsible for managing day-to-day operations and ensuring organizational efficiency across various domains, including human resources, marketing, sales, and finance.

Explanation:

In human services, some administrative positions include the board of directors, development directors, grant writers, program directors, and Operation Directors. This role is critical within organizations as they oversee day-to-day activities to ensure operations run smoothly. Like the board of directors, which ensures the firm runs in the interest of the shareholders, Operation Directors are essential for maintaining internal operational efficiency. They must be knowledgeable in areas including human resources (personnel, training), marketing and sales, finance (accountant, auditor), and even healthcare services, depending on the nature of the organization. Their roles are multifaceted, from regulating corporate business to managing crises with a clear and objective perspective.

What does the boilerplate of a press release do? A. Summarizes the information that is included in the press release B. Lists employment opportunities at a company or organization C. Provides information about the company or organization providing the release D. Attracts attention and summarizes the news being communicated

Answers

Hello.

The answer is: A. Summarizes the information that is included in the press release.

A boilerplate is after a press release and  briefly describes the company or organization.

Have a nice day.


Final answer:

The boilerplate of a press release provides essential background information about the issuing company or organization, helping to give context and enhance credibility.

Explanation:

The boilerplate of a press release serves a specific purpose in the realm of public relations and media communication. It provides critical information about the company or organization issuing the release. This section typically resides at the end of the press release and includes a brief overview of the organization's history, mission, and services or products, as well as contact information. By including this information, the boilerplate ensures that readers have sufficient context about the issuing body, enhancing the press release's credibility and utility.

Press releases are a tool used by public relations professionals not only to inform but also to shape perceptions and maintain a positive image for politicians, government officials, companies, or organizations. While the bulk of a press release will focus on a particular event, policy, or piece of news, the boilerplate remains static, providing consistent background information across different releases from the same entity. The crafting of a press release, including its boilerplate, is done with regard to legal and regulatory considerations as well as image management.

What is the most important about the Finance Manager of an agency?

Answers

Often, controllers oversee the accounting, audit, and budget departments. Treasurers and finance officers direct their organization's budgets to meet its financial goals. They oversee the investment of funds. They carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm's expansion.


i hope this helps you out!!!!

in how many cities are Federal Reserve district banks located? 4 12 50 8

Answers

In how many cities are Federal Reserve district banks located?

There are 12 cities across the United States where Federal Reserve district banks are located. As mentioned, they are located in Boston, New York, Philidelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.

The Federal Reserve Bank was created by Congress to allow us to have a better, safer, more flexible and stable fianancial system.  By having specific banks control the money rates and services within the country, there is more streamline and stable monetary systems for residents.

The numbers of cities that  Federal Reserve district banks located is: 12 .

What is federal reserve bank?

Federal reserve bank is a financial institution that help to reserve money, ensures the flows of  currency, manage the supply of money as well as provide loans to other banks so as to ensure stable economy.

The number of cities in which the federal reserve district banks are located is 12 and this includes the following:

Boston New YorkPhiladelphiaCleveland RichmondAtlantaChicagoSt. LouisMinneapolisKansas CityDallasSan Francisco

Inconclusion Federal Reserve banks is located in 12  districts.

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What type of Web implementations have the ability to contextualize data so that computers can perform tasks associated with finding, sharing and combining information on the Web without human intervention?

Answers

The answer is "Semantic Web implementations".


The Semantic Web is a thought of World Wide Web designer Tim Berners-Lee that the Web overall can be made increasingly astute and maybe even instinctive about how to serve a client's needs.

An advanced implementation of the semantic web would make it a lot less demanding for governments to control the review and making of online data, as this data would be a lot simpler for a computerized substance blocking machine to get it.

What does the intersection point of the demand and supply curves mark?

Answers

The equilibrium point where demand and supply curves intersect represents a state of market balance.

The intersection point of the demand and supply curves, marked by the equilibrium point, signifies the price and quantity at which the market is in balance.

At this point, the quantity demanded is equal to the quantity supplied, indicating agreement between consumers and producers.

This common quantity at the equilibrium point is known as the equilibrium quantity.


What "extras" can you include in a nontraditional resume that would not be included in a traditional résumé?

Answers

Answer:

Graphics, buttons, and pictures.

Explanation:

The number of professionals who choose to send so-called creative resumes has grown - they run away from the traditional format and use graphics, images, buttons and resources such as flash or video. At first, it may seem that the alternative draws more attention from recruiters, but it is not suitable for everyone. And even those who choose to gather their professional information in a non-traditional way should be aware of how to do it.

One of the biggest risks of using a creative, non-traditional resume is not to upset a recruiter with features that don't work or confusing graphics. Especially in online vacancies, often the first sorting of documents is done by software. Thus, it is essential to use relevant keywords in any type of curriculum. If you choose the non-traditional curriculum, it is also worth submitting a basic curriculum, especially when applying online.

We can include Graphics, buttons, and pictures in a nontraditional resume.

The number of practitioners who provide as such innovative resumes has increased; these resumes deviate from the usual structure by incorporating graphics, photos, buttons, and multimedia elements such as flash or video.

The alternative may appear to attract more recruiters at first glance, but it is not ideal to everybody.

Including those who want to choose a non-traditional method of gathering professional data should be informed of how to do it.

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When inserting references in a document, _____ appear at the bottom of a page, while _____ appear at the end of the document.
1. references; footnotes
2. footnotes; endnotes
3. footers; endnotes
4. footers; references

Answers

2. Footnotes; endnotes

Final answer:

The correct answer is option 2: footnotes appear at the bottom of a page and endnotes at the end of the document; these are used for referencing in documents.

Explanation:

When inserting references in a document, footnotes appear at the bottom of a page, while endnotes appear at the end of the document. Therefore, the correct answer to the question is option 2, footnotes; endnotes. Proper Chicago style, which is commonly used in the humanities, allows for the use of either footnotes or endnotes, but typically not both together. In text, you indicate these notes by inserting a superscript Arabic numeral (e.g. ¹). In the Chicago manual of style, there are two systems for citations: notes with bibliography (footnotes/endnotes) and author-date (in-text citations). Microsoft Word and similar word processing systems provide a References tab that makes the process of inserting footnotes and endnotes quite straightforward.

It is also worth noting that a header is the text at the top of each page, while a footer is the text at the bottom of each page. These can include information such as page numbers, the document title, or the author's name, but should not be confused with footnotes or endnotes which are used for referencing purposes.

Lastly, the reference list should be placed at the end of the paper on a separate sheet, listing full bibliographical details for the sources cited throughout the paper.

When building a new mall what would the input be?

Answers

Answer

The Input when building a new mall would be;

• Labor

• Materials needed for building the mall

Explanation

An input is what is put in when operating a process. When planning to build a mall, the input is labor and materials, the conversion is the building process and the output is the mall itself. The process will involve identifying a strategic location, checking if the market is ready and knowing customer segment.


Many people seem to have trouble planning for retirement because it seems so far in the future.True or False?

Answers

the answer is true

hope this helps

Answer: True

Explanation: People have trouble for the future because there is no immediate benefit. In general, humans are not good at delayed gratification. It is difficult for people to know the effect of a bad decision 20 years from now.

Personal Finance: What change is taking place on this graph?

a decrease in supply

a decrease in demand

an increase in supply

an increase in demand

Answers

In the given graph , we can see the shift in demand curve from left to right(D1 to D2), which indicates an increase in Demand.

Reason :

Shift in demand curve is due to factors other than the price of the product.

Leftward shift in demand curve indicates Decrease in Demand.

Rightward shift in demand curve indicates Increase in demand.

If you could start your own business, what would it be?

Answers

In the event that I could have my very own business it would be in member promoting. The magnificence of subsidiary showcasing is that you can gain cash from pitching items while never purchasing those items, or ship them. You can do it from the solace of your own home.
If I could start my own business, it would be an Animal Rescue/Sanctuary. I would hire people to help me save the animals that are abused or homeless. I would keep them at my house or a little building and let people adopt them, unless I want to keep a few of the animals that I find (that would probably be the case). I would rescue every animal I find, unless it has a microchip or collar so I could find its owner(s). I would rescue any animal, even if it is wild so it could have a soft comfortable bed and it would have a good three meals a day.

Which activity best demonstrates the trait of responsibility?
A.
demonstrating accountability for your actions
B.
being a team player
C.
being loyal to the organization in times of crisis
D.
taking on self-improvement activities

Answers

Which activity best demonstrates the trait of responsibility?

A. demonstrating accountability for your actions

Out of the options, demonstrating accountability for your actions is the activity that best demonstrates the trait of responsibility. Your actions are of no ones responsibility besides you, you must understand the decisions you make. All of the other options are all important but not examples of accountability.  

The option (A) demonstrating accountability for your actions, best demonstrates the trait of responsibility.

ResponsibilityDefinition:

Being responsible means taking ownership of one's activities, as well as being aware of and abiding by numerous laws, norms, and codes of conduct.

Explanation:

One of the most crucial character traits somebody can acquire is responsibility. Being accountable encourages action-planning and commitment-keeping.

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Employees in an advertising company are well paid, yet they all seem to be lacking interest in work and are demotivated. What non-monetary methods can the HR team use to motivate all employees?
A.
reduce the working hours of employees who have shown results
B.
give allowances for weekend movies
C.
allow more breaks in between work
D.
appreciate all employees who have shown results

Answers

the answer here is d

In which section of an employee handbook would you find information about health insurance policies?

Answers

Final answer:

Information about health insurance policies is usually located in the Benefits section of an employee handbook. It will include information about the employer's health insurance offerings, coverage details, and mandates.

Explanation:

Information about health insurance policies is typically found in the Benefits section of an employee handbook. This includes information about employer mandates and health plan coverage.

All employers with more than 50 employees should offer health insurance, under an employer mandate, such as through group-based insurance depending on the place of employment or through a state government-sponsored health exchange market. From an employer's perspective, offering health insurance to their employees can balance the risk and costs, and therefore is an essential part of the employment-based insurance system.

It's important to understand the specifics of your organization’s health insurance policy, including details about coverage for the uninsured, coverage for individuals with pre-existing conditions, and any mandates that are relevant to you.

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Which of these is not a good resume tip?

a.) Use power words and keywords from the job description

b.) Include photos or graphics to stand out from the crowd

c.) Proofread until there are zero errors on the page

Answers

b.) Include photos or graphics to stand out from the crowd.
Final answer:

The resume tip that is generally not advisable is to include photos or graphics. Employers and applicant tracking systems prefer text-based resumes. Using relevant keywords and thorough proofreading are essential for an effective resume.

Explanation:

Among the options provided, the answer to the question, which is not a good resume tip is b.) Include photos or graphics to stand out from the crowd. While it may seem like a good idea to include images or graphics to differentiate your resume, many employers and hiring systems (known as ATS, or applicant tracking systems) prefer clean, text-based resumes. Power words and keywords (option a) derived from the job description can help your resume pass through these tracking systems, and show that you are a fit for the role. Lastly, proofreading (option c) to ensure there are no errors in your resume is absolutely necessary to present a polished, professional application.

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A restrictive endorsement on a check

Answers

A restrictive endorsement on a check is a check that may be used only for the specific purpose stated in the endorsement. They are often used when banking by mail or depositing at an ATM.

limits the use of the instrument to a means specified by the endorser. " for deposit only.

Once you’ve graduated college how should you update your resume

Answers

Update your education history as well as your experiences.

You should update your gpa

What should workers be told about discrimination before entering the workforce? Is this good advice? Why or why not? Justify your response.

Answers

Answer

Workers should avoid discrimination and unfair treatment at work places.

Explanation

In the United States, the Civil Right Act of 1964 and other cats prohibits discrimination at workplace. Increased  cultural and gender diversity has brought to work together so as to reach job goals thus discrimination should be avoided conflicts and misunderstanding at workplaces.This is a good advise because it will increase staff morale and improve productivity due to proper utilization of workers from diverse origins.


Some of the things that workers should be told about discrimination in the workplace include:

It is illegal to engage in workplace discrimination so they are legally protected. They should not engage in discrimination as there are legal consequences.

There are several laws that have been passed in the U.S. that are aimed at reducing and eliminating workplace discrimination which means that workers are protected from being discriminated against at work.

Workers need to know these laws because it would ensure that they are not discriminated against at work, and that if they are, they know the legal avenues to take to ensure they get justice.

In conclusion, advising one on workplace discrimination is a good thing.

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Which of the following chain-of-command systems was developed to address the need to combine specialization with management control?

Answers

The answer may possibly be line-and-staff organization.

Final answer:

The chain-of-command system designed to integrate specialization with management control is known as scientific management, which ensures efficiency in large and complex corporate structures through rational labor division, skilled employee selection, and a clear command hierarchy.

Explanation:

The chain-of-command system you are asking about, which developed to address the need to combine specialization with management control, is known as scientific management. This approach was designed to increase economic efficiency and labor productivity by carefully analyzing and synthesizing workflows.

Scientific management introduced important concepts, such as a rational division of labor into specialized offices with fixed jurisdictions, the selection of employees based on skills and knowledge rather than politics, and a clear chain of command where officials report to higher ups. These systems were essential in large operations where a pyramid structure alone proved inefficient for handling complex and numerous managerial levels and decision-making processes.

In modern corporations, sophisticated control systems like Integrated Control and Safety System (ICSS), which includes Basic Process Control System (BPCS) and other controls, are utilized to avoid information overload and maintain efficiency within complex organizational structures.

Which part of the Word screen matches label D?

a.
Group
b.
QAT
c.
Tab
d.
Office Button

Answers

it's a group because all illustration tools are but together
Final answer:

The label 'D' on the Word screen could either correspond to a Group, Quick Access Toolbar (QAT), Tab or Office Button depending on the context. However, without a specific diagram, the accurate pinpointing of 'D' is challenging.

Explanation:

Without a diagram or image, it's challenging to definitively answer what part of the Word screen matches label D. However, generally, the labels on a Word screen could refer to the following options: Group, QAT, Tab, or Office Button. Groups are usually subsets of tabs; QAT stands for Quick Access Toolbar and is usually found at the very top of the Word screen; Tabs are the main headings found in the Word Ribbon (like Home, Insert, Layout); The Office Button was a feature in older versions of Word (2007 and earlier) usually found at the top left corner of the Word screen.

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Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( T or F)

Answers

the rams is trash

who dat notion

What type of organisation structure is Rspca?

Organisation structure such as:
Matrix
Hierarchical
Flat
Tall
Etc...

Answers

RSPCA has a hierarchical organization structure. A hierarchical organization structure has single and group power over the next level and has the levels move down to the last department they all answer directly above them. Everyone at the top has a level of power they control beneath them.

Final answer:

The RSPCA has a hierarchical organisational structure. This structure features a clear chain of command that starts from the top management and travels down to various departments. It helps in clear delineation of control and management.

Explanation:

The RSPCA (Royal Society for the Prevention of Cruelty to Animals) has a Hierarchical organisational structure. This means that the organisation is arranged in a way where every entity in the organization, except one, is subordinate to a single other entity. This type of structure is common in organisations where managerial control is required. The individuals at the top have more authority and there is a clear chain of command from top to bottom. The chain of command starts from the Chief Executive Officer (CEO) or President, followed by different levels of management who report to their direct superior.

It is important to note that a hierarchical structure helps in setting out clearly distinguished control lines. These control lines enable the effective management of different departments within the organization. These departments might include divisions for animal welfare, fundraising, human resources, marketing, and others.

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Select the correct answer. What is an example of a long-term goal if you’re in middle school now? A. something that you would dream of accomplishing in the future B. something that you can achieve in the near future C. getting into a great college program D. passing your biology class with a B+ or better

Answers

A long term goal is something that will many years to accomplish. So it would be C. A dream and goal are two things, some people dream of going to the moon but it's not a goal. It is a goal to get into a great college. B and D and short-term goals.

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