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3 years ago

Which savings account can a financial institution end?

2 answers:

nataly862011 [7]3 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]3 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

If n =270 and (p-hat) =0.43, find the margin of error at a 99% confidence level.. give answer to 3 decimals

Troyanec [42]

Answer:

0.078

Step-by-step explanation:

Margin of error = z√(p(1-p)/n)

Given

p-hat = 0.43

n = 270

z at 99% confidence interval = 2.576

Substitute

MOE = 2.576√0.43(1-0.43)/270

MOE = 2.576√0.43*0.57/270

MOE = 2.576√0.2451/270

MOE = 2.576*0.030129

MOE = 0.078

Hence the margin og error is 0.078

7 0

3 years ago

You make 10 cups of pudding and pour it into 6 containers how many cups of pudding are in each container

masya89 [10]

1.67 cups.
10 divided by 6, then round.

7 0

3 years ago

Write an equation for the line parallel to the given line that contains C. C(2,8); y = - 4x + 3

Luba_88 [7]

Answer: i love brinly its the best

the value of x is 4, make m||n

Step-by-step explanation:

sorry if this is wrong

3 0

3 years ago

Which is greater, |-6.3| or |-19\20|

MrMuchimi

|6.3| because the lines mean absolute value. Take the positive number values of each number and compare them. 6.3 vs 19/20. 19/20 is 0.95 so 6.3 is bigger.

7 0

3 years ago

Craig’s school has 4 lessons in the morning lessons 1 starts at 8:35 each lesson is 60 minutes long there is a break between les

jasenka [17]

Answer:

12:50 PM.

Step-by-step explanation:

We have been given that Craig’s school has 4 lessons in the morning and lesson 1 starts at 8:35. Each lesson is 60 minutes long. There is a break of 15 minutes between lesson 2 and 3.

We can see that lesson 1 will end at 9:35 AM and second lesson will end at 10:35 AM.

We have been also given that there is a break for 15 minutes between lesson 2 and 3. So third lesson will start at 10:50 AM as lunch break will end at 10:50 AM.

Third lesson will end 60 minutes after 10:50 AM that is 11:50 AM and fourth lesson will end 60 minutes after 11:50 AM that is 12:50 PM.

Therefore, 4th lesson will end at 12:50 PM.

6 0

3 years ago