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xz_007 [3.2K]
3 years ago
15

Jason wants to open a checking account with a ​$100 deposit. Jason believes he will write 15 checks per month and use other​ ban

ks' ATMs eight times a month. He will not be able to maintain a minimum balance. Which bank should Jason​ choose?

Business
1 answer:
anastassius [24]3 years ago
8 0

Answer:

Hillsboro Bank

Explanation:

Jason has 4 banks to choose from:

                          Hillsboro     First National     Trust South      Sun Coast

15 checks              $3                   $8                      $0                  $7.50

8 ATM's                 $4                  $12                     $12                  $12

<u>no minimum          $6                   $7                      $11                   $2.50    </u>

total                       $13                  $27                    $23                  $22

Jason should choose Hillsboro bank because his total monthly fees will be lower.

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$400,000 x 1% x 11/12= $3,666.67  

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Date                 Account title                             Debit                  Credit

Sept. 30, 2018          Cash                       $100,400

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Answer:

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FMS stands for the Flexible manufacturing systems, which is described as the method of production, which is designed in order to adapt the changes in the kind and the quantity of the product which is being manufactured.

The computerized systems and the machines could be configured to manufacture the variety of the parts and handle the production changing levels.

Therefore, the FMS is the one which is a single production system that combines the CIM (Computer Integrated Manufacturing) and the electronic machines.

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