Business, 27.07.2019 16:30 Dariana123

1. what are some considerations in choosing a financial institution? which one do you think would be the most important consideration for you in choosing a financial institution? 2. what are the pros and cons of u. s. savings bonds? 3. what are some of the problems that individuals might face if they use one of the "problematic" financial institutions? 4. what are some of the consumer protections available? what can individuals do to protect themselves? 5. what are some of the advantages and disadvantages of choosing a federally-insured account?

Answers: 1

Show answers

Answers

1. In choosing a financial institution you must consider how frequently the bank responds, how long they operate on the weekends, the notary services they are offering, the loans you can get and their financial strength among others. The most important factor to consider would be the institution's financial strength since you must only put your trust in institutions with high strength.

2. One good thing about the U.S. savings bonds is their security and the fact that the investments that you will make in these bonds will not cost you any form of state or local taxes. Cons would include its complexity though as it can get hard for you to identify when the bonds will mature, their interest rates, when to know how to cash them, and their current value.

3. If you put your trust in the so-called "problematic" financial institutions, you are basically gambling your money away. First of all, as mentioned earlier, you must only put your trust in banks with a healthy financial strength since problematic ones will be unreliable and unsafe. Trusting them can lead to your money being stolen or you can also be bombarded with additional fees.

4. The state and local government have laws that will protect the consumer from unfair practices or frauds. As an individual, you can add more security to protect yourself and your money. This protection includes setting up alerts on your bank account, adding a two-step verification on your emails so no one can access it easily, as well as avoiding calling lists.

5. One major advantage is that the Federal Deposit Insurance Corporation has a $100,000 guarantee per institution so your investment won't be totally gone during unfortunate circumstances. The disadvantage, on the other hand, is that the interest rates on federally-insured accounts are below the inflation rate so you can expect a decrease in the value of your money over time.

Answer from: jahnoibenjamin

Financial institutions provide financial relates services to investors.

1. The individual must take into account various factors while selecting the financial institutions that are fund security, financial position, interest rates, the process of depositing money, balance availability, and branch proximity. Therefore, the most essential factor here would be the financial position and fund security feature of the institution as it would help gain the confidence of the public in the institution.

2. The US saving bonds are most advantageous in terms of their low-risk feature. Thus, investors get back up from the government in case of any financial crises. However, these bonds provide low returns on investments as well as not every investor is eligible to get a tax advantage from it.

3. The individuals would encounter many negative consequences when they get involved with problematic financial institutions. The first disadvantage would be the high risk to the investors' funds. These institutions do not guarantee fund security to the public. Thus, they might end up investors paying a higher tax than normal market rates.

4. There are many consumer protection rights and schemes provided to customers in the market. These protections include safeguarding from unethical and fraudulent activities, privacy rights, protection of funds. and others. The individuals must always reach all the investment-related policies and documents. They must secure their accounts with strong passwords, and avoid spam emails or messages.

5. The federally insured account insures the money in the institution through the federal government. However, it provides a lower rate of interest that could decrease the value of the investment.

Learn more about financial institutions here:

Answer from: Quest

the correct answer is d. wealthy colonists to take care of the less fortunate. hope this

Answer from: Quest

answer; by looking at total product,marginal product,and changes in both after changes in inputs

Another question on Business

Business, 22.06.2019 20:00

Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?

Answers: 1

Answer

Business, 22.06.2019 20:30

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e.g.

Answers: 3

Answer

Business, 23.06.2019 02:00

Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.

Answers: 1

Answer

Business, 23.06.2019 06:10

Which of the following functions finds the highest value of selected inputs? a. high b. hvalue c. max

Answers: 3

Answer

You know the right answer?

1. what are some considerations in choosing a financial institution? which one do you think would b...

Questions