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Banking
Page 7
Questions (967)
Community Hospital has annual net patient revenues of $150 million. At the present time, payments received by the hospital are
3 answers
asked by
Rebekah
1,028 views
What is the future value of $4000 in a bank for 9 years at 6% compounded bimonthly
1 answer
asked by
tlic
351 views
A check returned by a bank because the issuer's cash account balance could not cover the check is called a(n):
a. Cancelled check
3 answers
asked by
Anton
2,527 views
north island federal credit union pay 4% annual interest, compounded daily on time savings deposits. find the value after 1 year
2 answers
asked by
lisa
554 views
An account at a commercial bank designed for people who want to earn a higher savings rate is a(n) __________ account.
A. regular
2 answers
asked by
clara
695 views
Why would someone use a checking account instead of a savings account?(1 point)
Responses She needs a place to store her money
3 answers
asked by
g
62 views
Mobilee Oil Company accepted a $10,000, 120-day note, dated March 3, at 8.5% to settle a past due accounts receivable. Mobilee
2 answers
asked by
no name
537 views
YOU DEPOSIT $5,000 INTO THE FIRST NATIONAL BANK OF FIN 301 AND EARN 2.5% COMPOUNDED CONTINUOUSLY. HOW MUCH WILL YOU HAVE IN 5
1 answer
asked by
JAMIE
303 views
Bank A has a leverage ratio of 10, while Bank B has a leverage ratio of 20. Similar losses on bank loans at the two banks cause
3 answers
asked by
Alvin
1,424 views
2. The bank requires a minimum balance of $50 in the savings account. It does not matter how much money is kept in the checking
3 answers
asked by
Mary
60 views
On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill of goods bought by Rick Ween. Terms of the
1 answer
asked by
Jessica
487 views
Carol Miller went to Europe and forgot to pay her $750 mortgage payment on her New Hampshire ski house. For her 45 days overdue
2 answers
asked by
Ekanki
533 views
Suppose your bank account will be worth $4,200.00 in one year. The interest rate (discount rate) that the bank pays is 5%. What
1 answer
asked by
j
496 views
Assume a bank loan requires a interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's
4 answers
asked by
Karla
3,954 views
Which of the following is true about debit cards?(1 point) Responses When you use one, the money is taken directly from your
3 answers
asked anonymously
50 views
Suppose you find another bank with an interest rate that is 0.02% higher than
the bank you are currently using. Is it worth it to
3 answers
asked by
OBI WAN CANOLI
35 views
Annual interest of 6.0% paid if balance exceeds $900, $12 monthly fee if account falls below minimum balance, average monthly
1 answer
asked by
Kendra
924 views
Which banking service provides easy access to money, monthly
statements, easier bill payment, and more security than carrying
1 answer
asked by
lalt
360 views
On November 1, 2009, Broom Company received a bank statement that showed a $2950 balance. Broom showed a $4010 checking account
2 answers
asked by
Terry
589 views
Modos Company has deposited $2000 in checks received from customers. It has written $1400 in checks to its suppliers. The
3 answers
asked by
Ann-Marie
1,766 views
You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3%
2 answers
asked by
Vanessa
525 views
In 1 or 2 sentences, describe how money that you save in the bank can be channeled to an investor.
2 answers
asked by
tonya mcdonald
1,317 views
Which term could also be used to call the Federal Reserve?(1 point)Responseslender's banklender's bankpublic's bankpublic's
3 answers
asked anonymously
33 views
What are some of the advantages to using a credit union over a traditional bank?
Credit unions have lower interest rates on loans
3 answers
asked anonymously
42 views
Complete the checkbook register using the following transactions then explain how you
completed the first four transactions.
3 answers
asked anonymously
55 views
Commercial banks are required by law to hold reserves. These reserves are specified as percentages of a bank's
2 answers
asked by
Anonymous
658 views
Zuck M. Drye Bank is paying 12% interest compounded monthly.How much will $200 deposited at the end of each month be worth after
1 answer
asked by
James
322 views
Which of the following is true about debit cards?(1 point) Responses When you use one, the money is taken directly from your
3 answers
asked by
yup
92 views
A bank offers two checking plans anywhere charge .15 cents a check; accucheck cost .77cents a month plus 8 cents per check.
For
2 answers
asked by
Imagine
494 views
If a bank borrows $550,000 from the FED on Friday and repays it on Monday show how it should be written on a T-account for this
1 answer
asked by
Sally
311 views
Ron Prentice bought goods from Shelly Katz. On May 20, Shelly gave Ron a time extension on his bill by accepting a $5,000,
1 answer
asked by
Nina
677 views
Mortgage.
Written agreement by which an institution(bank) agrees to lend money to buy property. This is a simple definition ive
1 answer
asked by
Anonymous
329 views
3. Draw a simple T-account for First National Bank which has $5,000 of deposits, a required
reserve ratio of 10 percent, and
1 answer
asked by
Anonymous
671 views
I need to outline a step process to prepare a deposit from multiple payers. can you help?
1 answer
asked by
jennifer
347 views
How to enhance the Bank Account class by including free checking and saving accounts, withdraw methods and deducting monthly
3 answers
asked by
Yassah
448 views
What is the difference between private and public sector bank
1 answer
asked by
Aman
463 views
Mr Chee deposited $80 into his checking account. Then, after writing a $23 check for gas and a $90 check for his child's day
2 answers
asked by
Amber shall
604 views
Which of the following is a disadvantage of a checking account:
Group of answer choices Overdraft protection Direct payroll
3 answers
asked anonymously
25 views
Explain bounced cheque
3 answers
asked by
Lakshmi oberoi
15 views
Explain dishonoured cheque
3 answers
asked by
Lakshmi oberoi
14 views
Explain the following account in commercial bank:joint account,corporate account,
3 answers
asked by
Lakshmi oberoi
29 views
Explain the following: overdraft, traveler cheque, E-banking
5 answers
asked by
Lakshmi oberoi
39 views
accounts cash book
find journal entries for. (1) discounted bill of rs .1000 at1% by bank (2) interest allowed by bank rs.5000
1 answer
asked by
mrudula
387 views
A bank has issued 4 billion in transactions deposits and 2 billion in time deposits and other
nontransactions deposits. Its other
2 answers
asked by
Mel
528 views
A banks total assets equal 1 billion. It's Liabilities equal 1 billion. Transaction deposits equal 500 million, loans equal 700
1 answer
asked by
Grace
883 views
1. A bank has $120 million in total assets, which are composed of reserves,
loans, and securities. Its only liabilities are $120
2 answers
asked by
boneesha
537 views
if a bank has $100 million in deposits and $17 million in reserves with a reserve requirement of 0.15, how much does its excess
5 answers
asked by
MacEc
48 views
How does a bank make its money?
(1 point) It prints money. It gets funded by the government. It lends your money out at a higher
3 answers
asked anonymously
41 views
Which of the following is a certificate of deposit
(CD)? (1 point) An account paying 0.5% interest with no other limitations. A
3 answers
asked anonymously
43 views
Which option describes a bank savings account?
(1 point) An account giving 0.05% interest with no other limitations A deposit
3 answers
asked anonymously
53 views
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