All categories

3 years ago

6. Commercial banks create money by

2 answers:

7 0

A. Making loans while only keeping a fraction if deposits in. Commercial banks make money by providing loans and earning interest income from those loans.Customers who deposit money into these accounts effectively lend money to the bank and are paid interest. However, the interest rate paid by the bank on money they borrow is less than the rate charged on money they lend.

AveGali [126]3 years ago

3 0

Answer: I think is A

Explanation:

You might be interested in

Stephanie manages a team that has gone through a tremendous amount of transition over the last year. There have been multiple re

fiasKO [112]

Answer:

a Disturbance Handle

Explanation:

7 0

2 years ago

Two economists created fake resumes with either common african-american names such as lakisha and jamal or common white names su

morpeh [17]

Long ago in a distant land, I, Aku, the shapeshifting Master of Darkness, unleashed an unspeakable evil! But a foolish Samurai warrior, wielding a magic sword, stepped forth to oppose me. Before the final blow was struck, I tore open a portal in time and flung him into the future, where my evil is law! Now the fool seeks to return to the past, and undo the future that is Aku

6 0

3 years ago

RyanRyan Street Barber Shop pays $ 30$30 per month for water for the first 12 comma 00012,000 gallons and $ 2.50$2.50 per thousa

Phantasy [73]

Answer:

8,000: $30
13,000: $32.50
17,000: $42.50

Explanation:

8,000

This amount is below the quantity for which additional charges accrue. The base charge applies: $30.

13,000

This is 1000 gallons more than you get for $30, so costs an additional $2.50. The total water cost is ...

$30 +2.50 = $32.50

17,000

This is 5,000 gallons more than you get for $30, so costs an additional 5×$2.50 = $12.50. The total water cost is ...

$30 +12.50 = $42.50

_____

Comment on the water charges

$30 is the same as the cost of 12,000 gallons at $2.50 per thousand. So, the total bill can be figured at $2.50 per thousand, with a $30 minimum.

8 × $2.50 = $20, so the charge is the minimum, $30

13 × $2.50 = $32.50

17 × $2.50 = $42.50

4 0

3 years ago

Zupiter Corp. follows a culture that requires strict adherence to rules and regulations with fixed time schedules for daily acti

kotykmax [81]

Answer:

consistency corporate culture.

Explanation:

Since in the situation it is given that the corporation follows the culture that means they are strict to the rule and regulations along with the time scheduling that are fixed for day to day activities so that the business could be conducted in the methodical manner so here we can say that the culture of the corporate is consistent that means it is same as before and the same should be applied in near future

3 0

3 years ago

Dagny taggart has just purchased a home and taken out a $400,000 mortgage. The mortgage has a 30minus−year term with monthly pa

Sophie [7]

First we have to calculate the monthly payment on the mortgage which is calculated as =PMT(rate,nper,pv) in excel

Monthly payment = PMT(0.054/12,30*12,400000) = $2,246.12

To calculate the amount of principal for the first three months, we construct the amortization table as shown below:

Month Payment Interest Principal Outstanding

0 400000

1 $2,246.12 1800 $446.12 $3,99,553.88

2 $2,246.12 1797.992446 $448.13 $3,99,105.75

3 $2,246.12 1795.975857 $450.15 $3,98,655.60

Total Principal $1,344.40

The total amount of principal that dagny will pay during the first three months of her mortgage is closest to: $1,344.40

7 0

3 years ago