The correct choices are;
<u>"A. knowing rights and responsibilities relating to money transfers </u>
<u>C. notifying the bank of lost credit or debit cards".</u>
The Electronic Funds Transfer Act is a government law that secures shoppers occupied with the exchange of assets through electronic techniques. This incorporates the utilization of charge cards, computerized teller machines and programmed withdrawals from a financial balance. The demonstration likewise gives a methods for rectifying exchange blunders and restricts the risk from any misfortunes because of a lost or stolen card.
Answer:
The payment and the Deposit
Explanation:
The check register is adjusted using the item: payment and the Deposit and from the point of view of the bank statement the item is the withdrawal and deposit.
Answer:
The correct answer is:
- Corporate Finance
- Investments
- Financial Institutions
- International Finance
Explanation:
Corporate finances are those that are related to the analysis and study of business variables that maximize shareholder value.
Corporate finance encompasses important investment decisions such as:
- Remuneration of dividends,
- Own or third-party financing,
- The level of indebtedness and leverage,
- The optimization of the risk-benefit ratio, its liquidity level,
- The need for investment to develop
- The evaluation of the opportunity cost of an investment, the financial model to be adopted and the repayment terms.
- The efficiency of cash flows.
The first example as it can not be otherwise is the bag. Everyone who thinks about investments immediately receives the thought that if you can get a lot of money for an investment it is in the stock market. And in theory this is true. There are companies that have gone public and in a very short time have managed to increase their profits by multiplying by a lot what their investors contributed. Some of them have sold their shares and today they live on income.
A financial institution is an institution that provides financial services to its clients or members. Probably the most important financial services provided by financial institutions is to act as a financial intermediary or financial intermediaries. Most financial institutions are regulated by the government;
Answer:
The answer is (B) typically follows the same path as the company’s organization chart.
Explanation:
Formal communication in a business refers to a type of communication that is intended to follow a certain agenda or written or expressed verbally in a formal tone. Because of its form and adherence to standards, it usually requires the approval of multiple parties within the organization, and thus follows the same lines as a company’s organization chart.
Answer:
A= $4,838.95 monthly
Explanation:
Giving the following information:
She is currently planning to retire in 30 years and wishes to withdraw $10,000/month for 20 years from her retirement account starting at that time.
First, we need to calculate the amount needed for retirement:
FV= 10,000*12*20= 2,400,000
Now, we can use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
Effective rate= 0.02/12= 0.0017
n= 12*30= 360
A= (2,400,000*0.0017)/[(1.0017^360)-1]
A= $4,838.95 monthly
