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DiKsa [7]
2 years ago
13

When reconciling or balancing your checking account, which of the following correctly describes the math?

Business
1 answer:
Rainbow [258]2 years ago
8 0

Answer:

B) add deposits, subtract withdrawals and fees

Explanation:

A checking account is a deposit and saving account held in a financial institution, mostly a bank. The user or owner of the checking account is allowed to deposit and withdraw money as frequently as they deem necessary without incurring access fees.

Money held in a checking account is accessible using different ways, including debit cards, ATMs, and over the counter. When reconciling a checking account, one needs to subtract the sum of "money out" from "money in. "

"Money in" comprises mostly of deposits.  "Money out" is the total of withdraws plus other bank charges levied to the account.

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g Your savings account earns 1.72% interest. You have $3,000 left over from an internship that you will put into the saving acco
bekas [8.4K]

Answer:

It will take 13 years and 66 days

Explanation:

Giving the following information:

Your savings account earns 1.72% interest.

Present value= $3,000

Final value= $3,756

To calculate the number of years, we need to use the following formula:

n= ln(FV/PV) / ln(1+i)

n= ln(3,756/3,000) / ln(1.0172)

n= 13.18 years

To be more specific= 365*0.18= 66

It will take 13 years and 66 days

4 0
3 years ago
A school is watching students as they enter the football game for students who are
Stels [109]

The probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.

<h3>What is probability?</h3>

Probability refers to the chance that an outcome occurs given the possibility of many outcomes.

As a measure, probability represents the ratio of the outcomes from a set of equally likely outcomes.

<h3>Data and Calculations:</h3>

Estimated proportion of students dressed inappropriately = 7%

Number of players for a football game = 22 (11 x 2)

Probability that the first one dressed inappropriately will be the 10th = 0.031818 (0.07 x 10/22).

Thus, the probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.

Learn more about probability at brainly.com/question/13604758

#SPJ1

6 0
2 years ago
A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On N
elixir [45]

Answer: A $304

Explanation: LIFO means last in first out. It means it is the older inventory that is sold off first.

On November 1, total value of inventory = $20 × 5 =$100

On November 2, total value of inventory = $100 + ( $22 × 10) = $320

On November 6, total value of inventory = $320 +($25×6) = $470

On November 8, 8 units of inventory was sold. This would be taken from the older stock of inventory. These inventories are the those from November 1 and 2.

The remaining inventory after the sale = (7 × 22) + 150 = $304

6 0
3 years ago
BEFORE GETTING OUT OF YOUR CAR, AFTER PARKING AT A TWO-WAY STREET CURB, YOU SHOULD:
Semenov [28]

Answer:

C. Look for cars of bicycles on the traffic side of your vehicle.

Explanation:

Safety is always first, for you, and the people around you. To minimize risk of injury, you must check for oncoming cars or bikers.

7 0
3 years ago
Read 2 more answers
Block of crust that is located above the fault of plane?
STatiana [176]
A hanging wall is a block of crust that is located above a fault plane hint for identification if a person were able to sand on the fault plane they could hang on to the hanging wall fault blocks. represent blocks of Earth crust
5 0
2 years ago
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