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ser-zykov [4K]
2 years ago
5

An account that generates interest income on the available balance in the account.

Business
1 answer:
o-na [289]2 years ago
5 0

An interest-bearing account is an account that generates interest income on the available balance in the account.

What is an interest-bearing account?

An interest-bearing account computes interest based on the balance outstanding on the loan or investment account, for instance, a monthly compounding deposit account where the interest paid on the account on monthly basis on the available balance before interest computation.

There also non interest-bearing account which only promises a particular amount when the deposit or investment account matures rather than paying on the balance.

Find out more about interest-bearing account on:brainly.com/question/11484066

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The correct answer is C. This claim is most likely based on the right to substantive due process.

Explanation:

Substantive due process is a means by which the government's ability to interfere with the fundamental rights of individuals is limited. In this case, the fundamental right violated is that of freedom of expression, guaranteed by the First Amendment. Thus, since it is a right with constitutional protection, the government cannot curtail its operation without the due legal process necessary for this purpose.

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There is many people seeking the same job,this is know as a____ for workers? A. Consumer B. Demand C. Projection D.surplus
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The answer is  D. Surplus
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Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies at a discount and
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Answer:

C) Factoring

Explanation:

In factoring, the Companies shall sell the accounts receivables to Tobit Financing at a discounted rate when they are apprehensive about receiving the same from their debtors in time. Once received by Tobit Financing, it shall recover the dues from those accounts at the full rate. The difference shall be the earning of Tobit Financing. This may also be true when such Companies are in urgent need of cash and this option seems to be the most viable.

3 0
4 years ago
Snowberry Corporation had a net increase in Retained Earnings of $182,000 for the year. The corporation also paid $56,000 of cas
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$232,400

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Net increase in Retained Earnings = $182,000

Dividend declared for the year = $50,400

The computation of net income for the current year is shown below:-

Net income for the current year = Net increase in Retained Earnings + Dividend declared for the year

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Therefore for computing the net income for the current year we simply added the net increase in retained earning with dividend declared for the year.

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3 years ago
The Federal Reserve manages the nation’s currency and money supply by manipulating interest rates and acting as a lender to bank
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Therefore, the correct option is Setting interest rates and acting as a lender to banks.

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