Yen is used in Japan, and Kroner is Scandinavia (Sweden, Norway...).
So, if she is vacationing in Austria, she will use B. euro, since every member of the European Union uses euro as its currency.
Answer:
The answer is
1. False
2. True
3. True
4. True
5. False
Explanation:
1. False. Banks does not keep the entire value of all customer deposits in the bank vault. Some customers deposit will be given out as loan and other Investment opportunities.
2. True. Loans given out to borrowers are part of customers' deposits.
3. True. Bank run occurs when customers try to withdraw their money from a bank at once, maybe the bank is in crisis.
4. True. Federal Deposit Insurance Corporation protects customers' deposits
5. False. The fractional reserve banking system requires all banks to keep part of customer deposits in the bank vault to prevent bank runs
Answer:
The amount of the check is $5,292
Explanation:
The computation of the amount of the check is shown below:
= (Sales amount - return amount - Discount rate of adjusted sales)
= ($7,000 - $1,600 - 0.02 × $5,400
= $5,400 - $108
= $5,292
The adjusted sales equals to
= Sales amount - return amount
= $7,000 - $1,600
= $5,400
We assume that the Nash's trading company paid the amount within 8 days so that it can avails 2% discount
Answer:
Option B
Explanation:
Null hypothesis: ∪ = $175
Alternative hypothesis: ∪ₐ ≠ $175
With a pp value of 0.0021 which is less than value at the level of significance, the null hypothesis is not rejected as there is no sufficient statistical evidence that the mean is greater than $175.
As of May 2016, The Department of Human Settlements has delivered more than 4,3 million houses and subsidies since 1994, benefiting more than 20 million South Africans. The Medium Term Strategic Framework sets out their goal of providing over 1,5 million housing opportunities by 2019. They also want to make sure that poor South Africans have access to adequate housing and better living conditions.
