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Banking
Page 6
Questions (972)
Why are certificates of deposit called time deposits?
1 answer
asked by
Anonymous
270 views
What is a difference between a commercial and savings banks?
1 answer
asked by
Anonymous
318 views
Samantha finds a bank, Star Bank, which offers a CD account with a 2% interest rate every month. Star Bank’s interest is not
2 answers
asked by
Anonymous
661 views
What is the amount of money created in the banking system due to an initial deposit of $1,000 if the required reserve is 5%? The
1 answer
asked by
Brandon
437 views
Why is there a difference between interest charged and interest earned?
A) Banks are non-profit institutions B) Banks are
10 answers
asked by
Sammy
4,526 views
December Interest on a bank loan is due on January 2nd of the following year:
accrue $1,000. How do u record interest expense and
1 answer
asked by
Brandy
412 views
Suppose you have two bank accounts, one called Account A and another Account B. Account A will be worth $6,500.00 in one year.
2 answers
asked by
Lillie
528 views
Suppose your bank account will be worth $15,000.00 in one year. The interest rate (discount rate) that the bank pays is 7%. What
1 answer
asked by
Lillie
401 views
6.(Money Creation) Show how each of the following would initially affects a banks assets and liabilities.
2 answers
asked by
gretel
616 views
Mary Palm's checking account had a starting balance of $785.63. She wrote a check for $57.00 for groceries and a check for
6 answers
asked by
djjj
970 views
1. Evan withdrew a total of $160 from an ATM machine over a 4-day period. He withdrew the same amount of money each day.
a. Write
2 answers
asked by
Alexis
1,035 views
Write check on December 12th to University Campus
2 answers
asked anonymously
27 views
Monthly fee $5, check-processing fee of 20 cents, average of 32 checks written per month. Round the answer to the nearest cent.
3 answers
asked by
Coulton
717 views
Annual deposits of $3150 are made into a bank account earning 4 % interest per year.
(a) What is the balance in the account right
1 answer
asked by
Anonymous
490 views
In a certain year, 26% of all teenagers in the United States had checking accounts. Your bank, TeenChex Inc., is interested in
1 answer
asked by
John
897 views
Monthly fee $4 check-processing fee of 20 cents, average of 23 checks written per month
2 answers
asked by
West Texas A&M
551 views
Suppose that the reserve ratio is .25, ad that a bank has actual reserves of $15,000, loans of $40,000, and demand deposits of
1 answer
asked by
Harold
438 views
Your bank statement has arrived and shows an ending balance of $972.25. After reconciling the checks and deposits that have
5 answers
asked by
pj
2,061 views
A person selecting a bank will consider how convenient it is, how safe it is, and how secure their return is true false
4 answers
asked by
billy
637 views
What must a depositor add to check before the bank will accept it for deposit?
3 answers
asked by
Debby
524 views
Select the correct answer from each drop-down menu.
Select the type of assessment that best fits the sentence. Jeff wants to open
3 answers
asked by
.
44 views
Can someone help me with this problem:
On September 5, Sheffield Company discounted at Sunshine Bank a $9,000 (maturity value),
2 answers
asked by
marie
613 views
Direct send-Single. Ocean Research of San Diego, California, just received a check in the amount of $800,000 from a customer in
1 answer
asked by
Anonymous
539 views
Which option describes a bank savings account? (1 point)
• An account giving 0.05% interest with no other limitations • A
19 answers
asked anonymously
114 views
Which option describes a bank savings account?(1 point) Responses An account giving 0.05% interest with no other limitations An
3 answers
asked by
b33ft0ads
53 views
How often do banks calculate interests on accounts with simple interest?
A.daily B.weekly C.monthly D.yearly My lesson says that
1 answer
asked by
Anonymous
395 views
How often do banks calculate interests on accounts with simple interest?
daily weekly monthly yearly yearly?
3 answers
asked by
Anonymous
348 views
Jimmy wants to buy a jeep in 5 years. If his bank pays 12% interest compounded annually, what must jimmy deposit today to have
1 answer
asked by
Geia
408 views
Design an organization to solve the world banking/world bank regulation/would money supply problem
1 answer
asked by
Josh
313 views
Assume a bank has $5 million in deposits and $1 million in vault
cash. If the bank holds $1 million in excess reserves and the
3 answers
asked by
Micheal
1,771 views
What is the loan interest rate of Bank South Pacific in Papua New Guinea
2 answers
asked by
Jonathan Kila
54 views
What is banking angle
2 answers
asked by
Asher
37 views
Which problem would most likely result if banks did not exist? Choose one answer.
A. People would no longer be able to save
1 answer
asked by
goodog
77 views
,linytron reduce amount of gas tons chase direct deposit. Deactivate ac.done
1 answer
asked by
Nasanasa
304 views
Annual interest of 5% paid if balance exceeds 800, $7 monthly fee if account falls below minimum balance, average monthly
2 answers
asked by
Tiffany
676 views
Hello, I hope someone can help me with the question below, since I am completely stuck.
One day, a bank receives $5000 deposit on
1 answer
asked by
Lisa
467 views
requirement for ebanking
1 answer
asked by
mohd sms
327 views
Direct send-Single. Ocean Research of San Diego, California, just received a check in the amount of $800,000 from a customer in
2 answers
asked by
HELEN
551 views
Which of the following is true about debit cards?(1 point)
Responses You can run up huge debts if you don’t pay the balance off
3 answers
asked by
king
53 views
Eve's account was overdrawn by $12. The bank charged her $10. Then she deposited $90. How much is in her account?
4 answers
asked by
Math wiz
416 views
Hello,
Any help on the following problem would be greatly appreciated. The assignment is done with .java in eclipse. I have a
2 answers
asked by
Marie
569 views
Your credit card:
a) Is a form of demand deposit b) Is a form of time deposit c) Is an asset d) Has all the functions of money So
3 answers
asked by
Nikki
377 views
Find the annual percentage yield (APY).
A bank offers an apr of 2.3% compounded daily
3 answers
asked anonymously
43 views
Find the annual percentage yield (APY). A bank offers an apr of 2.3% compounded daily
3 answers
asked anonymously
46 views
What step in the process shown in the illustration must come before the bank pays interest
3 answers
asked by
Stacy
16 views
Can someone show me this bank reconciliation?
On Aug 14th, One of our Partner's ( Compuville ) cash book showed a debit balance
2 answers
asked by
Lee
530 views
ryan discounts an 80-day note for $15,000 at 12 percent. the bank discount is: (assume ordinary interest)
2 answers
asked by
peg
532 views
What effect does a debit memo in a bank statement have on the Cash account? What effect does a credit memo in a bank statement
1 answer
asked by
quita
446 views
If bank wished to earn $6,300 on a loan over twelve months, what interest rate would the bank have to charge?
4 answers
asked by
tmouery
371 views
Calculating Float. You have $13,200 on deposit with no outstanding checks or uncleared deposits. If you deposit a check for
1 answer
asked by
Susanne
455 views
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