Answer: C. An estimate that offers to provide goods and services at a
specified price and sometimes by a specified date
Explanation:
is the correct answer
1) Banks hold excess and secondary reserves toA) reduce the interest-rate risk problem.
2) Which of the following statements most accurately describes the task of bank asset management?
b. Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.
3) The goals of bank asset management include
d. purchasing securities with high returns and low risk.
Hope this helps. Have a nice day.
Answer:
A. Karen understans and appreciates religious beliefs of other cultures
Explanation:
Religious belief is part of the cultural elements.
Comprehending and valuing the religious beliefs of other cultures will enable one work effectively with such diverse group of cultures
Nominal interest = 1%/month * 12month/1 year
nominal interest rate =12%/ year
Effective interest rate = (1+1%)^12-1 = (1+1/100)^12 -1 = 12.68%
Should be 21 days but that is not all the time!
