Answer:
Explanation: Kindly find attached the transaction
Answer:
C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days
<u>Multiple- choices</u>
A). You have to earn at least $100,000 in salary to be allowed to buy a CD
B). It is just a different name for a savings account
C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days
D). Only large banks offer them
Explanation:
Banks and other financial institution offer certificates of deposit (CD) saving account to customers who intend to limit the number of withdraws. This type of savings account pays a higher interest rate than the regular savings account. A customer wishing to open this account agrees with the bank on the duration that they want to save the money. Withdrawals can only be made after the agreed period lapses. Should the customer demand for their money before the end of the agreed period, they may get penalized by the banks.
Answer:
D $302, 250
Explanation:
The computation of the total amount paid is shown below;
Total amount paid = Face value + accrued interest
= $300,000 + $300,000 × 3% × 3 months ÷ 12 months
= $302,250
hence, the total amount paid is $302,250
Therefore the correct option is d.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
I believe the answer is: Greater
For example, let's say that there is a company that make vehicles with no pollutant for the environment.
The government in this situation might provide the company with incentives with the reason that the amount of incentive is smaller compared to the amount of expense that the government had to spend to fix the damage to the environment.
