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3 years ago

Distinguish between the benefiets of traditional banking amd the benefiets of online banking

1 answer:

6 0

Traditional banking- you can secure your deposit because you personally banked it..
while
online banking- for me you can't 100% sure your secured because you know there where so many fake agents out there but it's good benefits are you are just sitting and surfing the net and you dont won't be hustle anymore

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Last winter, a guest at a nearby motel fell through the ice and was not rescued in time. The motel’s name was included in news c

kaheart [24]

They should sell the info and make that cash cash money

3 0

3 years ago

Read 2 more answers

Explain id there is excess supply or demand of goods at the equilibrium price and why? In sentences

enot [183]

Answer by YourHope:

Hi! :)

Question: Explain if there is excess supply or demand of goods at the equilibrium price and why?

Answer: Equilibrium is at the point where supply and demand meet and the prices are set. Since the price is set as a equilibrium, there won't be an excess to either, but if you set the price above equilibrium, you move away from equilibrium and have disequilibrium create excess supply or excess demand!

Have a BEAUTIFUL day~

8 0

3 years ago

Uncollectible accounts are determined by the percent-of-sales method to be 22% of credit sales. How much is uncollectible-acc

dybincka [34]

Answer:

Therefore uncollectibel account expense = 0.22 x 94,000 = $20,680

Explanation:

Uncollectible accounts are determined by the percent-of-sales method to be 22% of credit sales. How much is uncollectible-account expense for 2014?

Uncollectible Accounst will simply be 22% multiplied by the credit sales figure for the year.

Accounts Receivable.....26,000

Allowance for collectible account...1,500

Credit sales for 2014 ...$94,000

Cash Sales for 2014.....28,000

Collection from customers on account...100,000

Therefore uncollectibel account expense = 0.22 x 94,000 = $20,680

6 0

3 years ago

sarah Jones wants to deposit $2,000 per year into an account earning 4 percent for the next 3 years, so she can purchase a used

andre [41]

Answer:

Compounding formula would be used here which is as under:

Future Value = Present value * (1+r)^n

FV = (PV is $2000) * ( 1 + 4%)^ 3 number of years

Remember that r is the return that is 4% that Sarah Jones will receive.

FV = $2250

So this is the amount that she will receive after three years. I would recommend her to invest in ordinary shares (take higher risk for higher return) so that she is able to buy a better car.

5 0

3 years ago

The median annual household income in a certain community of 21 households is $50,000. If the mean income of a household increas

Ostrovityanka [42]

Answer:

answer is Cannot be determined

Explanation:

given data

household income = $50,000

increases = 10% per year

time = 2 year

solution

as we know that here mean is increase by 10 percentage

but from the mean percentage increase in does not meaning that it will increase median also with same percentage

because median also increase by some percentage if data is move up

but we can not say it will move with same percentage

so here answer is Cannot be determined from given data

5 0

3 years ago