Business

Agustin Sweeney

23 August, 18:56

Sally recently received a gift of $10,000 from her aunt to be used for her college education. Since college is almost a year away,

Sally should probably put her gift into a

A. savings account

B. checking account

C. Money Market account

D. Certificate of Deposit

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Sally recently received a gift of $10,000 from her aunt to be used for her college education. Since college is almost a year away, Sally ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

If bonds for Crayon Corporation, with a face value of $150,000, are converted into common stock when the carrying value of the bonds is $135,000, the entry to record the conversion will include a debit to (A) Discount on Bonds Payable for $15,000.

During May, Joliet Fabrics Corporation manufactured 530 units of a special multilayer fabric with the trade name Stylex. The following information from the Stylex production department also pertains to May.

What is Mary's relationship to the heavenly beings standing above her (God the Father on the right; the dove, symbolizing the Holy Spirit, in the center; and Jesus on the left) as well as to the miners at work in the mountain?

What is the price of a $1,000 par 9 year, annual bond with a 8.1% coupon rate and a yield to maturity of 6.3%? (Show your answer to nearest cent with no comma. For example $1,378.565 is entered as 1378.57)

Planter Co. purchased a delivery van for $30,000 on January 1. The van has an estimated 5 year life with a residual value of $5,000. What would be the depreciation expense for this van in the first year if Planter uses the straight-line method?'

New Questions in Business

What is an advantage of government bonds A. They have a high interest rate. B. They are difficult to find. C. They are relatively risk-free. D. All of the above

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. Occupational Safety & Health Administration a. a detailed list of the functions and requirements for a position b.

With increased computer technology, the ability to read and understand financial statements is no longer an important skill for managers. a. True b. False

When you try to lower your price below equilibrium, it will result in a consumer surplus. Why does this occur? A. Lower price causes lower demand. B. Lower price creates a product surplus. C. Greater demand results in buyer remorse. D.

Caan corporation will pay a $2.70 per share dividend next year. the company pledges to increase its dividend by 5.5 percent per year indefinitely.