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Vitek1552 [10]
3 years ago
6

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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How much interest is earned in just the third year on a $1,000 deposit that earns 7% interest compounded annually?
Sav [38]

Answer:

Interest earn= $80.14

Explanation:

Giving the following information:

PV= $1,000

i= 7%

n= 3

<u>First, we will calculate the future value at the second year:</u>

FV= PV*(1+i)^n

FV= 1,000*(1.07^2)

FV= 1,144.9

<u>Now, for the third year:</u>

FV= 1,144.9*1.07= 1,225.04

Interest earn= 1,225.04 - 1,144.9= $80.14

4 0
3 years ago
Which of the following is not an example of a liability?
finlep [7]
D , because liability means to be responsible for something, especially by law.
3 0
3 years ago
Read 2 more answers
The percentage which is the sum of the discount rate, the effective tax rate and the recapture rate representing the relationshi
Savatey [412]

Answer:

Capitalization rate

Explanation:

Capitalization rate is a rate mostly used in real estate valuation that is used as a standard to compare a variety of real estate investments. It is calculated in percentage and in terms of the ratio of the net operating income provided or produced by an asset to the original cost or market value of the of the asset.

Cheers.  

7 0
3 years ago
E-mails that rouse strong emotions like anger should always be responded to immediately
docker41 [41]

Answer:

False

Explanation:

Strong emotions, especially violent or vengeful ones like anger, can cloud logical judgement and cause inappropriate outbursts. Writing an email while angry, especially in a professional environment, can have consequences and affect the receiver's impression of you. It is better to wait until the anger has subsided so you can explain why you may disagree politely, or choose the best course of action with a clear mind.

7 0
3 years ago
A company purchases land and a building for $300,000. The appraisal attributes a fair market value (FMV) to the land of $180,000
ser-zykov [4K]
$700,000 I hope that helps
5 0
3 years ago
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