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Banking
Page 4
Questions (967)
Which problem would most likely result if banks did not exist?
A. People would no longer be able to save money. B. Money would
1 answer
asked by
Hann
132 views
Jane Hilman went to her bank. She had a balance of $1,009.88 in her savings account. She withdrew $130.00 and the teller
4 answers
asked by
kay
1,808 views
you deposit $200 in an account earning 3.5% simple interest. How long will it take for the balance of the account to $221?
11 answers
asked by
Danielle
6,196 views
Determine the annual net cost of this checking account?
Annual interest of 2.5% paid if balance exceeds $750, $8 monthly fee if
4 answers
asked by
Erica
3,910 views
On September 5, Sheffield Company Discounted at Sunshine Bank a 9000.00 (maturity value), 120-day note dated June 5th Sunshine's
4 answers
asked by
Scott
4,843 views
Marcy deposits $320 in an account that earns 3.5% simple interest per year. What is the balance in the account after 4 years?
4 answers
asked by
Danielle Dockery
881 views
Caluating opportunity cost. what is the annual opportunity cost of a checking account that requires a $500 minimum balance to
4 answers
asked by
sharon
2,327 views
find the annual percentage yield (to the nearest 0.01%). a bank offers an APR of 3.1% compounded daily.
4 answers
asked by
JT
1,217 views
Suppose you deposit $275.00 in your savings account on December 31.
Your bank pays 3 percent annual interest on savings accounts.
4 answers
asked by
erika
1,748 views
DANIEL HAS A MONEY MARKET ACCOUNT WITH %1,200. THE BANK OFFERED HIM A SPECIAL RATE OF 5.25% PER MONTH. HOW MUCH MONEY WILL
4 answers
asked by
ROSE
769 views
Jill deposited $2,500 in a savings account at a rate of 7.75%,
compounded monthly. How much was in her account after three
4 answers
asked by
gabe
980 views
On September 5, Sheffield company discounted at sunshine bank a 9000.00 Maturity value, 120-day note dated June 5, shushines
3 answers
asked by
Scott
1,087 views
Michael Perez deposited a total of $4000 with two savings institutions. Bank A pays interest at the rate of 5%/year, whereas
4 answers
asked by
Anon
3,018 views
1. Eliza Savage received a statement from her bank showing a checking account balance of $324.18 as of
January 18. Her own
3 answers
asked by
ash
1,246 views
Distinguish the benefits of the Federal Reserve issuing repurchase agreements (repos) and reverse repurchase agreements (reverse
3 answers
asked by
josh
279 views
Patty has a checking account at a local bank.
· the monthly checking fee is $10 · $0.30 for each check she writes · Nonbank
3 answers
asked by
bee_bro
773 views
On September 5th, Sheffield Company discounted at Sunshine Bank a 9000.00 (maturity value), 120-day note dated June 5th.
4 answers
asked by
Scott
705 views
On September 5, Sheffield company discounted at Sunshine Bank a $9000 maturity value, 120 day note dated June 5. Sunshines
1 answer
asked by
Anonymous
485 views
Tamra is having difficulty deciding whether to put her savings in the Albina Community Bank or in the Umpqua Bank. Albina offers
4 answers
asked by
Diana
1,910 views
Janet Home went to Citizen Bank. She borrowed $7,000 at a rate of 8 percent. The date of the loan was September 20. Janet hoped
4 answers
asked by
Anonymous
5,310 views
You deposit $1000 in an account at the Lifelong Trust Savings and Loan that pays 7% interest compounded quarterly. By how much
4 answers
asked by
Karen
1,541 views
Which of the following is not a characteristic of a typical bank savings account?
Responses savings are easily accessible for the
3 answers
asked anonymously
95 views
You’re getting married and are unhappy with your present bank. Discuss how you should go about choosing a new bank and opening
3 answers
asked by
tota
854 views
Find the interest due to the bank on a loan of $1,000 at 7.5% for 280 days.
7 answers
asked by
Anonymous
2,881 views
A customer earned $3,262.50 interest on a 9-month CD. How much was the opening deposit?
4 answers
asked by
kay
709 views
on january 1,1997 you deposit $200.00 in a bank account paying 5% interest compunded annually on december 31 of each year. which
3 answers
asked by
Anonymous
403 views
On check D, what’s the identification number that should be recorded on the bank deposit slip?
A. 5321 C. 0582 B. 200.00 D.
3 answers
asked by
himaat
550 views
which event most likely caused the bank to change?
4 answers
asked by
khadeja
83 views
Which action can lead to overdraft?
A. only using credit cards B. paying close attention to debits and balances C. recording
4 answers
asked by
boopboooooop
97 views
Why are banks important to producers a bank loans allow more people to buy products at homes savings accounts of our way to make
3 answers
asked by
Anonymous
175 views
A check account was overdrawn $18 the bank charged the account and additional $29 as a fee for being overdrawn find an
3 answers
asked by
Amber
122 views
Adena expects to write 16 checks a month. She has checking account B. How much will Adena pay for her checking account each
3 answers
asked by
Sarah
391 views
Which of the following best describes an overdraft fee?
removing money from an account, typically for payment percentage
4 answers
asked by
PLEASE help
830 views
6. What must a depositor add to a check before the bank will accept it for deposit?
A. Cancel B. Void C. Endorsement D. Date of
4 answers
asked by
Maria
1,158 views
A bank has $120 million in total assets, which are composed of reserves, loans, and securities. It’s only liabilities are $120
3 answers
asked by
Anonymous
1,107 views
compare the annual percentage yield for three banks. Bank 1 offers an APR of 3.8% compounded daily; bank 2 offers an APR of 4.1%
3 answers
asked by
geri
679 views
a bank charges $10 per month plus the following check fees for a commercial checking account:
$.10 each for fewer than 20 checks
4 answers
asked by
josh
2,413 views
on may 12, Scott accepted an $8000, 12%, 90 day note for a time extension of a bill for goods bought by ron. On june 12, scott
3 answers
asked by
please help me
648 views
Jessica has a $0.00
balance in her bank account. Jessica was charged with three service fees of $1.60 each. What is Jessica's
11 answers
asked by
Help ME!!!
91 views
If $850 is deducted each month for 12 months from your checking account to pay your mortgage, what impact will it have on your
2 answers
asked anonymously
44 views
What are the most common transactions that appear on a bank statement?
deposits interest rate transfers A and C
2 answers
asked anonymously
57 views
Why are banks important to producers?
ANSWERS: A. Bank loans allow more people to buy products and homes. B. Savings accounts
3 answers
asked by
Help ME PLEASE
1,214 views
Which problem would most likely result if banks did not exist?
A. People would no longer be able to save money. B. The money
3 answers
asked by
Kaleb Gilliam
44 views
Lynn had overdrawn her checking account 3 days in a row after the balance reached $0. Each day she took out $15 without
7 answers
asked by
maya
47 views
If the Walkers deducted $850 each month last year from their checking account to pay for childcare, what was the effect on their
19 answers
asked by
Blah
188 views
Lily had overdrawn her checking account 3 days in a row after the balance reached $0. Each day she took out $15 without
2 answers
asked anonymously
44 views
Lynn had overdrawn her checking account 3 days in a row after the balance reached $0. Each day she took out $15 without
4 answers
asked anonymously
58 views
Which option describes a bank savings account?(1 point)
Responses An account giving 0.05% interest with no other limitations An
10 answers
asked by
Riley
99 views
Last month, Owen received a bank statement of his savings account. It listed his withdrawal of $300 as −300. The bank shows a
2 answers
asked anonymously
52 views
How can you deposit a paper check?(1 point)
Responses Visit a local bank branch and deposit it with a teller. Visit a local bank
2 answers
asked anonymously
65 views
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