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3 years ago

Which of the following is an example of electronic banking?

Business

2 answers:

vitfil [10]3 years ago

6 0

Answer: the answer is b. wiring funds from one account to another

Explanation:

Vedmedyk [2.9K]3 years ago

3 0

Answer:

B. Wiring funds from one account to another

Explanation:

electronic banking can be defined as a process through which money is being transferred through electronic signal exchange rather than the traditional way of money exchange throug cheque or documents.

Electronic banking facilities that uses electronic equipment are;

ATM
point of sale banking(POS)
fund transfer service
Mobile Banking,etc.

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A credit card company wants your business. If you accept their offer and use their card, they will deposit 11% of your monetar

Ket [755]

Answer:

I will have $183536835400 in my savings after 1515 years

Explanation:

Deposit into the savings account = 0.11×$2000020000 = $220002200

Earnings after 1515 years = 0.55×1515×$220002200 = $183316833200

Total amount in savings plan after 1515 years = $220002200 + $183316833200 = $183536835400

3 0

3 years ago

Suppose a tax of $4 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 2,00

Marina CMI [18]

Answer:

option (c) $600

Explanation:

Given:

Tax = $4 per unit

Initial equilibrium quantity = 2,000 units

Final equilibrium quantity = 1,700 units

Decrease in consumer surplus = $3,000

Decrease in consumer surplus = $4,400

Now,

Deadweight Loss is calculated using the formula:

Deadweight loss

= $\frac{1}{2}$ × Tax × (Original equilibrium quantity - New equilibrium quantity)

on substituting the respective values, we get

Deadweight loss = $\frac{1}{2}$ × 4 × (2,000 - 1,700)

Deadweight loss = 2 × (3) = $600

Hence,

the correct answer is option (c) $600

4 0

3 years ago

Brooke's Boutique plans to launch a new clothing line. For this purpose, the firm first conducts a survey to understand its targ

Gekata [30.6K]

Answer:

Descriptive followed by causal is the correct answer.

Explanation:

8 0

3 years ago

An organization that is global within two years of its inception with a major focus on foreign markets rather than its domestic

Roman55 [17]

Answer: born global

Explanation:

An organization that is global within two years of its inception with a major focus on foreign markets rather than its domestic market can be said to be born global.

Since the day such organization is established, they seek to gain competitive advantage over their rivals by using latest technologies and selling their products in different countries.

7 0

2 years ago

Moe ’s Electric sales vacuum cleaners with a one-year warranty to fix any defects. For the current year, 200 vacuums have been s

vekshin1

Answer:

$900

Explanation:

Given that

Total repair up to end of year = 12

Estimated need to be repaid = 8

Average cost = $45

The computation of warranty expense for the current year is shown below:-

For computing the warranty expense for the current year first we need to find out the total repaired cost which is here below

Total repaired cost = Total repair up to end of year + Estimated need to be repaid

= 12 + 8

= 20

Warranty expense for the current year = Average cost × Total

= $45 × 20

= $900

Therefore for computing the warranty expense for the current year we simply applied the above formula.

5 0

3 years ago