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Ivahew [28]
3 years ago
14

Banks use _____, which are electronic transmissions of account exchange information over private communications’ networks.

Computers and Technology
1 answer:
faltersainse [42]3 years ago
7 0

Answer:

Wire transfer

Explanation:

Wire Transfer also known as remittance under the U.S. law is the electronic transfer of money which is carried out across a network that is run by several banks and money transfer agencies around the globe. With Wire Transfer, people at different parts of the Word can securely send money to individuals at other financial institution in any part of the world.

The following are important points to note about wire transfers:

1. It is an electronic transfer of funds across a network of banks and money transfer agencies around the world.

2. The individual or senders pays a transaction fee at their banks and must provide the receivers details including bank name and account number.

3. Wire transfers can take up to two working days to complete

4. The Office of Foreign Assets monitors and controls international wire payments, to prevent money laudering and funding of illegal activities like terrorism

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Convert the decimal number 164 into the equivalent 8 bit binary number. ​
umka2103 [35]

Answer:

10100100

Explanation:

8 bit system consists of 8 bits or 8 positions and each of them can have binary value (0 or 1).

Each bit is equivalent to a certain power of number 2. Important to know is that you read these bits from right to left.

So, this means that the bit furthest to the right has the value of 2^0, which is 1. The bit to the left has the value of 2^1, which is 2. Next one is 2^2, which is 4 etc. This means that the bit furthest to the left has the value of 2^7, which is 128.

The bit has this potential value only if value 1 if is in its position. If the value is 0 then, regardless of position, value of the bit is 0.

Decimal value of the number is calculated when we add all the values of the bits marked with 1.

So, we're dealing with number 164. We already said that leftmost bit has the value of 128 if it's marked with 1:

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3 years ago
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