Interest rate - A bank might want to loan a business structure 5000000 dollar at a n old financing cost of 6%.
What is interest rate?
A percentage of the principal, or the amount loaned, is what a lender charges a borrower as interest. The annual percentage rate, or APR, is the usual unit used to express the interest rate on the a loan (APR). The amount earned from a savings account as well as certificate of deposit at a credit union or bank may also be subject to interest rates (CD). Interest on these deposit accounts is calculated as an annual percentage yield (APY). The borrower is essentially charged interest for the use of the asset. Cash, consumer products, vehicles, and real estate are all examples of lent assets. An interest rate can therefore be viewed as the "cost of money" because it increases the cost of borrowing the very same amount of money.
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Answer:
D. 3.
Explanation:
A bank can have different types of assets, including physical assets, such as equipment and land; loans, including interest from consumer and business loans; reserves, or holdings of deposits of the central bank and vault cash; and investments, or securities.
Answer:
$100,000
Explanation:
Data provided in the question
Net capital requirement = $100,000
Number of branch offices = 3
Based on the above information
The net capital requirement for this broker-dealer is $100,000. According to the uniform state law refers to the law in which there is uniformity or the same laws to be followed from state to state
Since the net capital is $100,000 so the same is to be considered in case of 3 branches offices as there is an existence of uniformity
