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spayn [35]
2 years ago
8

If the NCUA charges 6.3 cents per 100 dollars insured and Credit Union L pays $8,445 in NCUA insurance premiums, approximately h

ow much is in Credit Union L’s insured deposits? a. $1.2 million b. $5.3 million c. $13.4 million d. $20.6 million
Business
2 answers:
Vera_Pavlovna [14]2 years ago
8 0

Answer:

13.4 MILLION

Explanation:

i just took the test boiii

Iteru [2.4K]2 years ago
7 0
$8,445 = 844,500 cents
844,500 : 6.3 = 134,047.61
134,047.61  · 100 = $13,404,761 ≈ $13.4 million
Answer:
C ) $13.4 million
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if a student leaves a book bag in class by accident and the professor takes possession to safeguard the bag, a bailment has been formed-True

<h3>bailment</h3>

A bailment is a form of the legal relationship that focuses on the contractual transfer of assets or property from a bailor to a baile who voluntarily but temporarily gives up possession but not complete ownership. Even though no contract is formalized, a bailment is a type of contractual relationship. The person receiving the property (the "bailee") has custody and control over it for a certain amount of time, during which he or she is responsible for taking reasonable care of it.

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