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astraxan [27]
2 years ago
12

You are reviewing your checking account balance of $800 after you've just sent in your rent check of $500. How much money is ava

ilable for you to spend?
Business
1 answer:
inessss [21]2 years ago
8 0

You are reviewing your checking account balance of $800 after you've just sent in your rent check of $500. The money that is available for you is $1300.

<h3>What we can do if we don't have sufficent balance?</h3>

If you had a check that you don't have sufficient funds for that has been run through the bank the bank will usually charge you an overdraft fee.

This means that you have arranged an overdraft loan/agreement with the bank. The bank will go ahead and pay the fund to the person or company you wrote the check to.

You will have a certain amount of time to put the money back into your account and pay the overdraft fee.

Learn more about Checking account, refer to the link:

brainly.com/question/9683236

#SPJ1

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Question 3 (1 point)
Neporo4naja [7]

Answer:

Bank tellers are responsible for handling customer financial transactions like deposits, withdrawals, transfers, money orders, and checking. ... A bank teller's duties also may include counting cash, answering phones, filing deposit slips and paperwork, managing ATM deposits, and balancing numbers at the end of the day.  umm sooo true I think.

Explanation:

5 0
3 years ago
Which of the following is NOT one of the steps taken in the financial planning process? a. Develop a set of forecasted financial
svet-max [94.6K]

Answer:

B)Consult with key competitors about the optimal set of prices to charge, i.e., the prices that will maximize profits for our firm and its competitors.

Explanation:

The financial planning process can be regarded as series of steps which states best way of using money and investments as well as other assets so that financial goals can be potentially achieved. Most of the financial plans has its focus savings of goals as well as payoff goals even estate planning goals so that roadmap to financial freedom can be set.

The steps that can be taken in the financial planning process are;

✓ Forecast the funds that will be generated internally. If internal funds are insufficient to cover the required new investment, then identify sources from which the required external capital can be raised.

✓Develop a set of forecasted financial statements under alternative versions of the operating plan in order to analyze the effects of different operating procedures on projected profits and financial ratios

✓Determine the amount of capital that will be needed to support the plan. e. Monitor operations

5 0
3 years ago
You are the manager of a popular hat company. You know that the advertising elasticity of demand for your product is 0.25. How m
Inessa [10]

Answer:

20%

Explanation:

if the advertising elasticity = 0.25 and you want to increase the quantity demanded by 5%, you will need to increase advertisement by = 5 / 0.25 = 20%

The advertising elasticity measures how much does a change in advertising changes the quantity demanded of a product or service.  

3 0
3 years ago
You want to buy your dream car which will cost you $5900. If you could invest your entire savings of $3500 at an annual interest
Liula [17]

Answer:

t = 4.607742347 years rounded off to 4.61 years

Explanation:

To calculate the number of years it will take an investment of $3500 to grow to $5900 at an annual interest rate of 12%, we will use the formula for the future value of cash flows. The formula can be written as follows,

Future value = Present value * (1+i)^t

Where,

  • i is the interest rate
  • t is the time in years

Plugging in the values for future value, present value and i, we can calculate the t to be,

5900 = 3500 * (1+0.12)^t

5900 / 3500 = (1.12)^t

1.685714286 = 1.12^t

Taking log on both sides.

Ln(1.685714286)  /  Ln(1.12)  =  t

t = 4.607742347 years rounded off to 4.61 years

7 0
3 years ago
17. The calculation of property tax is based on the
tekilochka [14]
A. assessed value of the home

I hope this helps
3 0
3 years ago
Read 2 more answers
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