Answer: issuing certificates to foreign governments...
Explanation:
B. Contributions to personal retirement accounts remain the property of the individual of heirs, but SS payments are transferred to others.
Answer:
c. An overdraft is a fee your bank charges you for opening a checking account.
Explanation:
Checking account is a deposit account with a bank or any financial institution that allows the owner of such account to make withdrawals and deposits. They are also known as demand accounts or transactional accounts. They are very liquid and allows for countless deposits and withdrawals and can be obtained by using automated teller machines, checks and electronic debits, and a number of other methods.
A checking account is unlike other bank accounts like less liquid savings or investments account it allows for countless withdrawals and unlimited deposits, and savings accounts sometimes limit both.
The statement that an overdraft is a fee that banks charges for opening a checking account is false.
Overdraft is a form of extension of credit from a finiancial institution and often granted when an account reaches zero. it allow such account holder to continue withdrawing money even though the account has no funds or insufficient funds that would cater for and cover the amount of the withdrawal. So it is not the fee that bank charges for opening a checking account, instead what checking account offers is overdraft protection in which if a checking account owner write a check or make a purchase than the funds in the checking account, the bank may cover the difference.
Answer:
job B
Explanation:
.05*50000=2500 and he gets 1000 so his total would be 3500
Answer:
correct option is E.$52,440.00
Explanation:
given data
time = 6 year
interest rate = 7.6 percent
principal amount = $115,000
to find out
total interest over the life of the loan
solution
we get here interest that is express as by interest formula that is
interest = principal × rate × time ..........................1
put here value and we get interest
interest = $115,000 × 7.6% × 6
interest = $115,000 × 0.076 × 6
interest = $52,440.00
so correct option is E.$52,440.00