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VLD [36.1K]
3 years ago
11

A bank pays "interest" (the rental price paid for use of the money) on savings accounts, CD’s and on some types of______________

____..
Business
1 answer:
erik [133]3 years ago
8 0

Answer and Explanation:

Checking accounts.

Bank pays interest on savings account, certificate of deposits and checking accounts. These pay may vary but are paid by the bank to their client. Percent  of interest is set by the central bank or the state bank of the country.

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What are the 3 important reasons to reconcile bank and credit card as a set date ​
rodikova [14]

Answer:

1) To verify transactions have the correct date assigned to them. 2) To verify that an account balance is within its credit limit. 3) To verify that all transactions have been recorded for the period.

Explanation:

6 0
3 years ago
In 3 to 4 sentences describe how you can want financially responsible
Gekata [30.6K]
To be financially responsible, you can keep track of how much money you spend by keeping a checkbook updated. When doing bills, buying groceries and clothes, and spending money on other activities, you use the recipes to record your spendings in the checkbook. Another way to stay financially responsible is to use a debit card more than a credit. When using a credit card, you're borrowing the Bank's money rather than your own and you have to pay them back. Slowly, that can cause more problems when late fees are added, or worse, your interest rates begin to fluctuate. I hope I helped! :)
5 0
3 years ago
Study the data below and answer the questions that follow. A, B and C represent three countries: Germany, Pakistan and China (al
Mrac [35]

Answer:

(a) The countries are

A is China

B is Germany

C is Pakistan

(b) Based on the table's data,

The employment structure for A is 9% Agriculture, 47% Manufacturing, 44% services,  where the labor force by sector for Germany is given as 25.1% through agriculture, 27.5% through (manufacturing) industry and 47.4%   through services, based on 2019 statistics, which is not in correlation with the given table data with the same metric

However, the GDP by sector for China is given as 7.9% through agriculture, 40.5% through (manufacturing) industry and 51.6% through services, which is in correlation with the given table data although different metrics but in terms of reflective nature of the economic spending and per capita income

The employment structure for B is 1% Agriculture, 28% Manufacturing, 71% services, where the labor force by sector for Germany is given as 1.4% through agriculture, 24.2% through (manufacturing) industry and 74.3%   through services, based on 2016 statistics, which is in correlation with the given table data with the same metrics

The employment structure for C is 22% Agriculture, 24% Manufacturing, 54% services, where the labor force by sector for Pakistan is given as 37.4% through agriculture, 24.0% through (manufacturing) industry and 38.6%  through services, with an employment rate of of 48.9% based on 2018 statistics, which is in correlation with the given table data with the same metrics

Explanation:

5 0
3 years ago
partial credit, E12-19A (similar to) Turner Hardware is adding a new product line that will require an investment of $ 1 comma 5
son4ous [18]

Answer:

5.98  years

Explanation:

The computation of the payback period is shown below:

In year 0 = -$1,530,000

In year 1 = $305,000

In year 2 = $270,000

In year 3 = $240,000

In year 4 = $240,000

In year 5 = $240,000

In year 6 = $240,000

In year 7 = $240,000

In year 8 = $240,000

In year 9 = $240,000

In year 10 = $240,000

If we added the first 5 year cash inflows than it would be $1,295,000

Now we have to subtract the $1,295,000 from the $1,530,000 , so the amount would be $235,000 as if we sum the six year cash inflow so the total amount is exceeded to the initial investment. So, we subtract it

And, the next year cash inflow is $240,000

So, the payback period equal to

= 5 years + $235,000 ÷ $240,000

= 5.98  years

5 0
3 years ago
Two individuals at a retail store work the same cash register. You evaluate this situation as Select one: a. Supporting internal
spin [16.1K]

Answer:

B. A violation of establishment of responsibility

Explanation:

They both should have established something different to work on but for both of them to work the same cash register, it is a violation of establishment of responsibility

5 0
4 years ago
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