Answer:
Some of the major types of cooperative societies are as follows:
(1) Credit Cooperative Societies
(2) Consumers Societies
(3) Producers Societies.
Credit society was the first type of cooperatives. Its objective was to provide credit to the members of the society.
The simple rate of return on the investment is closest
19.9%
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The fed pays interest on the required reserves held by commercial banks, as well as the excess reserves the banks hold at the fed.
A frequent monetary policy tool at the disposal of significant central banks is the payment of interest on bank reserve holdings. With effect from late 2008, the Federal Reserve is now permitted by Congress to pay interest on bank balances held by the Fed. Interest has been paid since then on those sums by the Federal Reserve.
The Fed has had to raise the interest rate it pays on reserves in order to get the fed funds rate to rise, according to Wheelock, given the significant amount of deposits kept at Reserve banks. Therefore, the Fed will pay out more interest.
To learn more about Federal Reserve refer to:
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Answer:
A. $104.80
B. $104.85
Explanation:
A. Based on the information given If a market buy order for 150 shares comes in, the PRICE at which it will be filled is $104.80
Best price = $104.80
B. Based on the information given At what PRICE would the next market buy order be filled is $104.85
Next best price = 104.85