Answer:
Currently, the majority of large banks offer deposit accounts, lending, and limited financial advice to both demographics. Products offered at retail and commercial banks include checking and savings accounts, certificates of deposit (CDs), personal and mortgage loans, credit cards, and business banking accounts.
Banks earn money in three ways: They make money from what they call the spread, or the difference between the interest rate they pay for deposits and the interest rate they receive on the loans they make. They earn interest on the securities they hold.
Functions of Commercial Banks: - Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.
Explanation:
Answer:
A.
Explanation:
its the most accurate answer.
essential things like a car or a home etc.
Answer:
(a) 1.88*10^-16 C. (b) 1172 electrons
Explanation:
An electric field (E) can be defined as a space surrounding a charged object (Q) that exerts force on all charged particles around the object. Mathematically:
Where: E is the electric field = 3*10^-6 N/C, d is distance = 0.75 m and k is the proportionality constant = 8.99*10^9 N*m^2/C^2.
Thus:
(a) Q = E*d²/k
Q = (3*10^-6)*(0.75²)/8.99*10^9 = 1.88*10^-16 C
(b) An electron has a charge of 1.602*10^-19 C. Therefore, the number of electrons that would need 1.88*10^-16 C is (1.88*10^-16)/(1.602*10^-19) = 1171.7 . That is approximately 1172 electrons.
Answer:
Option (B) is correct.
Explanation:
Given that,
Marginal federal income tax rate = 30%
Sum of your marginal state and local tax rates = 5%
Yield on thirty-year U.S. Treasury bonds = 10%
Municipal bond has a yield:
= U.S Treasury bonds × (1 - tax)
= 10% × (1 - 30%)
= (10 ÷ 100) × [1 - (30 ÷ 100)]
= (10 ÷ 100) × (70 ÷ 100
)
= (1 ÷ 10) × (7 ÷ 10
)
= (7 ÷ 100)
= 7%
Answer and Explanation:
The mobile market is the most important way to of communication and it requires everyone in todays environment. this motivates the suppliers to use that as its base in order to re build another phone that is required by the market.