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Liula [17]
3 years ago
12

How have ATMs evolved since then? Have you used one? Explain.

Business
2 answers:
olga2289 [7]3 years ago
8 0
<h2>The following points describe how have ATMs evolved since their first setup: </h2>

  • The very first ATM that came out in 1967 functioned with paper printed on with radioactive ink that the machine could read to process the information.
  • The more popular type of ATMs came out two years later in 1969 and were disseminated throughout the United States over the next decade.
  • The new ATMs used plastic cards similar to the cards that we use today.
  • Both the types of cards and the interface of the ATMs changed with time.
anygoal [31]3 years ago
8 0

Answer:

I have been using Automated teller machine (ATM) for over a decade now and I can tell that it advance is great.

Explanation:

Owing to the fact that the automated teller machine is a product of the evolving world of information technology, it sole aim was to dispense cash but today we have ATMs that perform some other spectacular but trivia transactions like payment of bills

Deposit of cash, also it now accommodate finger print and Irish scanner to authenticate users the list is endless as the world of information technology is still advancing, we just have to relax and watch new features being added to the ATM.

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In order to live, people's physical needs must be satisfied? true or false?
tino4ka555 [31]
I believe this answer is true.
5 0
2 years ago
If the federal reserve banks mailed everyone in the United States a new $1000.00 bill, what would happen to prices, output, and
Artemon [7]

If the Fed mailed everyone a $1,000, the effect would be a <u>rise in prices, </u>output, and income.

<h3 /><h3>What happens when money is injected into the economy?</h3>

The Equation of exchange is:

<em>Money supply x Velocity of money = Price level x Quantity of goods and services produced </em>

If the Money supply increases like it will when $1,000 is sent by the Fed to people, the velocity will also rise as people purchase more goods and services.

The Price level and the Quantity produced on the right side of the equation would also have to rise to match the left side. So prices would rise, and so would output.

Find out more on the equation of exchange at brainly.com/question/10110078.

#SPJ1

4 0
2 years ago
How does a company build its strategic management game plan to attract and please customers, compete successfully, conduct opera
klio [65]

Explanation:

It is necessary for companies to develop a strategic business plan, which contains the action plans necessary for an organization to achieve its objectives and goals.

The organization's strategic planning will comprise long-term objectives, including the company's guidelines, its mission, vision and values, the analysis of internal and external environments, and action plans, which will help the company to be well positioned, profitable and competitive in the market.

4 0
3 years ago
The Oriole Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents
vfiekz [6]

Answer:

Break-even point in units= 402 rooms a month

Explanation:

Giving the following information:

The inn has 50 rooms that it rents at $100 a night. Operating costs are as follows:

Salaries $7,500 per month

Utilities $1,500 per month

Depreciation $1,300 per month

Maintenance $1,760 per month

Maid service $24 per room

Other costs $46 per room

<u>First, we need to calculate the total fixed costs and the unitary variable cost.</u>

Total fixed costs= salaries + utilities + depreciation + maintenance

Total fixed costs= $12,060

Unitary variable cost= 24 + 46= $70

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 12,060/ (100 - 70)

Break-even point in units= 402 rooms a month

8 0
3 years ago
During the month of February, Rubio Services had cash receipts of $7,900 and cash disbursements of $9,400. The February 28 cash
Nana76 [90]

Answer:

The begining cash balance = $4100

Explanation:

Given:

Cash receipts = $7900, Cash disbursements = $ 9400, Ending cash balance = $2600.

<u>To find out the cash balance at the begining of the month, the following is to be used </u>

Begining Cash balance = Ending cash balance + cash disbursements - cash receipts

Putting the given figures in this we get,

Begining Cash balance = $2600 + $9400 - $7900

                                      = $4100

7 0
3 years ago
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