When one commercial bank borrows from another commercial bank, it pays the discount rate.
The one place where a bank can get reserves is by borrowing from a commercial bank. As whenever a person or a business firm or an organization borrows, they should pay interest and a bank that borrows from a commercial firm must pay interest to them too. The interest that the commercial bank charges to banks that borrow from them is called the discount rate.
The term discount rate is used when looking at a certain amount of money to be received in the future years and calculating the present value now. The word “discount” means the amount to be deducted. A discount rate is a typical rate that is deducted from a future quantity of money to provide its present value to money seekers.
The cash flows of investments or business ventures when at the time of discount, it is important to note whether the discount rates used can be varied depending on particular different elements. So, discount rates are paid to compensate the borrower bank to the lender bank during transactions.
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Answer:
a record.
Explanation:
Uniform Electronic Transactions Act (UETA) is an act in the United States that was proposed by the National Conference of Commissioners on Uniform State Laws (NCCUSL) and was created in order to make consistent the laws surrounding the retention of paper records as well as the validity of electronic signatures. Under this act the "information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form" is known as a record.
Using a <u>train the trainer</u> strategy, knowledgeable users can be selected who then conduct sessions for others.
The train-the-trainer version is a training strategy that turns personnel into subject-depend specialists who can then educate other participants of your enterprise or agency. For instance, a set of personnel is educated on new protection methods, harassment prevention, or how to facilitate effective crew conferences.
Train-the-trainer is a framework for training ability instructors or challenging dependent professionals to enable them to educate other people about their firms.
A train the trainer program is set education new and green instructors. once in a while, educate the trainer periods are suitable for existing teachers as nicely. These courses cover the first-rate way to deliver education materials to different corporations of newbies.
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Sx-month note is payable with the amount borrowed plus accrued interest due six months later on May 1, 2022. Interest Payable will be reported for two months i.e. November and December is $1000.
Interest Payable = $100000 × 6% x 2/12 = $1000,
Could I borrow your pen for a moment, please? The common verb borrow means to obtain something from someone with the intention of returning it shortly. I used to give Laura frequent loans of cash. An amount over and above the repayment of the principal sum is known as interest and is paid by a borrower or deposit-taking financial institution to a lender or depositor at a set rate. Interest is the cost of borrowing money or the fee you charge to lend it. Most frequently, interest is shown as an annual percentage of the loan amount. The interest rate for the loan is denoted by this proportion.
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