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arsen [322]
2 years ago
10

Choose the correct statement. A. Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the

Federal Reserve. B. In 2017 about 700 commercial banks operated in the United States. C. Upper A benefit of a money market mutual fund is that shareholders can write checks on their accounts with no restrictions. D. The deposits of commercial banks represent 62 percent of Upper M 1 and 49 percent of Upper M 2.
Business
1 answer:
AlexFokin [52]2 years ago
6 0

Answer:

A.

Explanation:

Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the Federal Reserve.

Upper A is a commercial bank, and it's bank reserve is The money it keeps on in it's bank vault, or it is money that the bank has kept in an account with the country's central bank which is the federal reserve.

If the Fed says banks are to reserve 10% of deposits and Upper A takes in $2,000,000 in deposits, it would berequired for the bank to keep $200,000 either in its bank vault or in its account with the Federal reserve.

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topjm [15]

The Potential<u> </u><u>Privacy and Security Issues</u> is a major flaw of the BYOD Strategy.

<h3>What is the BYOD Strategy?</h3>

BYOD a strategy in telecommunications security that allows business partner and workers to use their own devices to access the company's network, applications, and access company information.

Whilst it is cost savings in terms of hardware and provides convenience, it exposes the company to a lot of insecurity.

See the link below for more about the BYOD Strategy:

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5 0
2 years ago
Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year. a. Wha
Dafna11 [192]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year.

First, we need to determine the final value with the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Then, we can calculate the present value with the following formula:

PV= FV/(1+i)^n

A)i=11%

FV= {15400*[(1.11^9)-1]}/0.11

FV= $218,125.17

PV= 218,125.17/(1.11^9)= $85,270.53

B) i= 6%

FV= {15400*[(1.06^9)-1]}/0.06

FV= $176,966.27

PV= 176,966.27/(1.06^9)= $104,746.06

C) i= 16%

FV= $269,785.02

PV= $70,940.77

3 0
3 years ago
Ruiz Engineering Contractors incurred service salaries and wages of $37,700 ($27,300 direct and $10,400 indirect) on an engineer
olganol [36]

Explanation:

hope I'll help you mark me as brainliest

5 0
2 years ago
Rhonda has oversight responsibility for the servicing and repair of her company's fleet of cars, so she frequently calls the gar
dmitriy555 [2]

Answer: Variable-interval

Explanation:

3 0
3 years ago
Which is a result of frequent change requests from client?
barxatty [35]

Answer:

D. project completion constraints

Explanation:

project completion constraint can be described as condition that influence the action or set of action that are involved in the completion of the project team, and this result in frequent change requests from client.

These could be time, cost and scope.

Therefore, among the given options, option D is correct.

8 0
3 years ago
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