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Over [174]
3 years ago
6

Lynette received her bank statement for the month and she is now comparing it with the transactions that she logged in her check

book register. After calculating the transactions in the statement and the checkbook register, she realized that the statement showed more balance than her checkbook register. What could be the reason behind this discrepancy?
A. banking fee

B. penalty for exceeding transaction limit

C. bank interest payment

D. ATM withdrawal not logged in the checkbook register
Business
1 answer:
Svetradugi [14.3K]3 years ago
7 0

Answer:

C. Bank interest payment

Explanation:

Lynette will not compute the interests earned on his amount in his checkbook.

A banking fee will reduce the amount in the statement to the checkbook

A penalty exceeding transaction limit will also reduce the amount in the statement to the checkbook

ATM withdrawal not logged in the checkbook could also increase the check book figure and reduce the bank statement instead.

Thus the answer is C. Bank interest payment.

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Fees in 1st year Suppose Adrian and Clemens each Invest $10,000. Adrian Invests in an actively managed mutual fund that has an a
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Answer:

Task 1:

The answer is $700.

Task 2:

The answer is $130.

Task 3:

The answer is $20.

Task 4:

The answer is $10,570.

Task 5:

The answer is $110.

Explanation:

<h2>Task 1:</h2><h3>How much does each investor make on his investment with the 7% rate of return?</h3><h3>Solution:</h3>

Adrian & Clemens makes [$10,000*0.07] on their investment = $700.

<h2>Task 2:</h2><h3>How much does Adrian pay in fees for his actively managed mutual fund?</h3><h3>Solution:</h3>

Adrian owes to his broker = (10000*.013) = $130

<h2>Task 3:</h2><h3>How much does Clemens pay in fees for the index fund?</h3><h3>Solution:</h3>

Clemens owes to his broker= ($10000*.002) = $20

<h2>Task 4:</h2><h3>At the end of the year, what's the total value (AFTER FEES) of Adrian's mutual fund?</h3><h3>Solution:</h3>

Value of Adrian's stock = $10000+$570 (net of brokerage) = $10,570

<h2>Task 5:</h2><h3>What's the total value (AFTER FEES) of Clemens's index fund?</h3><h3>Solution:</h3>

Value of clemens' stock = $10000+$680 (net of brokerage) = $10,680

<h2>Task 6:</h2><h3>How much more value does Clemens' investment generate than Adrian's in one year's time?</h3><h3>Solution:</h3>

Clemens investment makes ($680-$570) than adrian's investment = $110

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One criteria for deciding whether to have a server active all the time or have it start on demandusing a process server is how f
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Answer:

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If the customers are ready to accept a certain delay then it can help making the decision whether to keep the server permanently on, as it consumes high power.

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Thus, the scheduling of the expected time at which they use, and the acceptable delay would provide a proper criteria for this.

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