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valkas [14]
4 years ago
8

Which law requires financial institutions to disclose fees, the interest rate, the annual percentage yield, and the other terms

and conditions on savings account plans?
Business
1 answer:
Nana76 [90]4 years ago
7 0

Answer:

Truth in Savings Act

Explanation:

The law was passed to bring fairness in the financial statements of the financial institutions because their mismanagement of operations has a great impact on the organizations and the pensioners. It was evident when a large group of financial institutitons got bankrupt when Enron collapsed which affected all the pensioners in the US. So to bring fairness and emphasize additional control on the financial institutions the US government passed the Truth in Saving Act to safeguard its resident's future income.

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Which of the following is not a type of bank?
Zepler [3.9K]
Before we can answer which of the following is not a type of bank, we need to know first the definition of a bank<span>. A bank is a financial institution who is licensed and allowed to collect, receive money, manage your account and keeps your money secured. Banks </span>also offer<span> services, credits and loans. There are two types of </span>bank, namely<span>, commercial and investment banks.</span>
3 0
4 years ago
Choose a company you frequently buy from.
maxonik [38]

Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.

<h3>What is Marketing mix?</h3>

These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.

Coca Cola follows a price discrimination strategy in its marketing mix  means that they charge different prices for their products and its target market are young customers.

Read more about Marketing mix here brainly.com/question/859394

6 0
2 years ago
After working for a large firm for several​ years, tyler started his own landscaping design business.​ however, he soon ran out
Veronika [31]

Answer:

The answer is stated below:

Explanation:

Under this situation, where the Tyler, who is working in a large firm for several years, he started his own business for the same profile. But in a short period of time, the business ran out of the money and he is in a situation or condition, where he has to close the business as he unable to pay the firm expenses.

Grounded on the information, the reason of his business failure, is lack of financial planning as well as backing, which result in business unable to cover the operating cost of the business. Few years of experience of working led to inadequate knowledge of the operation cost and led to failure of his business.

6 0
3 years ago
True or false: the aggressive Driver typically except that collision causing behavior are aggressive
Ede4ka [16]
This could depend on the person who caused the collision. However, it would most likely be false because very rarely will the person want to accept the consequences.
8 0
4 years ago
The annual premium for a ​$15 comma 000 insurance policy against the theft of a painting is ​$300. If the​ (empirical) probabili
Korvikt [17]

Answer:

-$150

Explanation:

The computation of the expected return from the insurance company is shown below:

= Annual premium × probability of the stolen painting - 1 × theft of painting

= $15,000 × 0.01 - 1 × $300

= $150 - $300

= -$150

By multiplying annual premium with the probability of the stolen painting  and then substracted theft of painting so that we can get to know the expected return and the same is to be considered

8 0
4 years ago
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