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Showing posts with label Minimum. Show all posts
Showing posts with label Minimum. Show all posts

Sep 16, 2019

[Answer] Which type of account typically has very high liquidity, low or no interest, and low minimum balance?

Step 1 : Introduction to the question "Which type of account typically has very high liquidity, low or no interest, and low minimum balance? "



...A.) Certificate of Deposit (CD) B.) Checking Account* C.) Investment Retirement Account (IRA) D.) Money Market Account - A checking account is a bank account that allows easy access to the funds in your bank account. Also called a transactional account, it's the account that you will use to pay your bills and make most of your financial transactions.

Aug 21, 2019

[Answer] Which type of account typically has very high liquidity, low or no interest, and low minimum balance?

Step 1 : Introduction to the question "Which type of account typically has very high liquidity, low or no interest, and low minimum balance?"



...A checking account is a bank account that allows easy access to the funds in your bank account. Also called a transactional account, it's the account that you will use to pay your bills and make most of your financial transactions.

May 8, 2019

[Ans] Congress established the nation’s first minimum wage in 1938. What was it?

Step 1 : Introduction to the question "Congress established the nation’s first minimum wage in 1938. What was it?"



When President Franklin D. Roosevelt signed America’s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today. Throughout history, Congress has raised the minimum wage 22 times. The current level, at $7.25 an hour, was set in 2009. However, some states, cities, and counties have a higher minimum wage rate. As of January 2019, 29 states had a minimum wage rate above the federal level.

[Answer] Congress established the nation’s first minimum wage in 1938. What was it?

Step 1 : Introduction to the question "Congress established the nation’s first minimum wage in 1938. What was it?"



...When President Franklin D. Roosevelt signed America’s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today. Throughout history, Congress has raised the minimum wage 22 times. The current level, at $7.25 an hour, was set in 2009. However, some states, cities, and counties have a higher minimum wage rate. As of January 2019, 29 states had a minimum wage rate above the federal level.

Sep 4, 2017

What is the current federal minimum wage?


Step 1 : Introduction to the question "What is the current federal minimum wage? "



The minimum wage in the United States is set by US labor law and a network of state, and local laws. Employers generally must pay workers the highest minimum wage prescribed by federal, state, and local law.