Respuesta :
The answer to #1 is D.
The answers to #2 is B,C,D,F.. I'm not sure what the remainder of G says..
The answers to #2 is B,C,D,F.. I'm not sure what the remainder of G says..
Answer:
Part 1 - option D is the answer.
Part 1:
Yasmine needs to contribute $9,000 annually to her education.
So, the best plan will be as follows:
A. $600 per month for 1 year, amount becomes [tex]600\times12\times1=7200[/tex]
B. $350 per month for 2 years, amount becomes [tex]350\times12\times2=8400[/tex]
C. $225 per month for 3 years, amount becomes [tex]225\times12\times3=8100[/tex]
D. $200 per month for 4 years, amount becomes [tex]200\times12\times4=9600[/tex]
We can see that plan D will save her required amount. Hence, option D is the correct answer.
Part 2:
Automatic withdrawal is the function given to account holders of any bank, where they can choose a particular date to auto debit their bill amounts.
Advantages are :
B). avoiding late payment fees
D). not having to find a stamp and a mailbox
Disadvantages are :
A). not having to keep track of the balance in a checking account(you surely have to check your bank positions timely )
C). having to share your account information
F). possible overdraft fees if there is not enough money in the account to cover the payment amount.