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dezoksy [38]
3 years ago
7

Which type of forms and others documents would you need in order to open a checking or banking account ?describe two examples

Business
2 answers:
coldgirl [10]3 years ago
5 0

answer:

The documents needed to open a bank account are:

1. identity document

2. document proving the address

Nana76 [90]3 years ago
3 0

Answer:

The last time I opened a bank account (checking account) they asked me to present my ID card plus a utilities bill since I had just moved to a new house and my address wasn't updated in my ID card. Then I signed some bank forms, I guess some type of contract, and then I registered my signature (for the checks) in a small pad.

I still have CD (certificate of deposit) and that time I had to show my social security card besides my ID card, probably due to some IRS requirement. I also signed several forms (more paperwork than the checking account) and they asked me about where I worked and approximately how much money I earned.

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Now that you are successful in your new position, you have decided to reward yourself with a new (or new to you) vehicle. Source
Serhud [2]

Answer:

Range is : (0, 0.1x)

Explanation:

Problem has no information about amount of salary, so I will just use 'x' and 'y'.

Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.

From this y = 0.1 X;

Next, if we want to identify range of payments: (0; 0.1X).

This means that any amount of money between 0 and 0.1X is acceptable.

5 0
3 years ago
Read 2 more answers
Wilson Wonders's bonds have 12 years remaining to maturity. Interest is paid annu- ally, the bonds have a S1,000 par value, and
MAXImum [283]

Answer:

approximate YTM = 12.16%.

Explanation:

the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%

An investor that purchases this bond at $850 can expect to earn a 12.16% return.

3 0
3 years ago
Consumer credit: Multiple Choice is currently a privilege of the affluent. dates back to colonial times. currently carries no fi
Alex787 [66]

Consumer credit dates back to colonial times.

<h3>What is consumer credit?</h3>

Money that customers can borrow to pay for products or services is known as consumer credit. Customers who have access to credit can make purchases today and pay for them over time. Consumers can obtain credit from banks, financial organizations, and companies.

Consumer credit is governed by federal and state rules that shield borrowers from dishonest lending practices and stop companies from treating them differently based on non-financial considerations.

Examples of consumer credit are credit cards, education loans, mortgages, etc.

Consumer credit has been around since the colonial era when farmers used it frequently.

Learn more about consumer credit here:

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4 0
3 years ago
Who are risk takers in search of profits
AlekseyPX

Answer:

entrepreneurs

Explanation:

4 0
3 years ago
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances:
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Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

The journal record is attached.

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet.

7 0
3 years ago
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