Which savings account can a financial institution end?

2 answers:

nataly862011 [7]2 years ago

7 0

The correct answer is 'callable certificate of deposit’. Financial institutions can recall these before they reach maturity. This avoids financial institutions having to pay more if interest rates go down.

Inessa [10]2 years ago

7 0

The correct answer is:

callable certificate of deposit

Explanation:

A caallable certificate of deposit is a certificate of deposit (CD), insured by the FDIC, that contains a call feature. Callable CDs can be redeemed (called away) early by the bank before maturity, usually within a given time frame, and at a predetermined call price.

A callable security is one that can be redeemed early by the issuer, especially during times of decreasing interest rates. This helps banks save money by not continuing to pay higher interest rates on CDs when rates go down.

You might be interested in

Jamie is walking her neighbors’ dog while they are away. She is keeping track of the total number of blocks she walks over time.

Bumek [7]

Answer:

C. Yes, because the ratios are equivalent between each pair of values.

Step-by-step explanation:

A relationship between two quantities is proportional if the ratio of the two quantities are the same for all the given possible pairs of values.

In the table given, the ratio of block to mins in the first given pair of values is 3/6 = 3/6 = ½.

In the second given pair, it is 7 to 14 = 7/14 = ½. The same ratio is gotten for the others as well.

Therefore, the table represents a proportional relationship.

The answer is: "C. Yes, because the ratios are equivalent between each pair of values."

7 0