Answer:
c. a letter that falsely claims the writer represents a foreign bank.
Explanation:
A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities
So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank
A(n) (transection) model is an outsourcing fee model that charges a variable fee based on the volume of transactions or operations performed by the application.(transection
Answer:
$21,000
Explanation:
initial investment $25,000
we need to determine the expected value of every possibility:
- $15,000 loss ⇒ 20% x $10,000 = $2,000
- $29,000 loss ⇒ 15% x $5,000 = $750
- $40,000 gain ⇒ 5% x $65,000 = $3,250
- break even ⇒ 60% x $25,000 = $15,000
total expected value = $21,000
<u>All answers are correct</u><u> is the correct option .</u>
What is the advantage of federal loans over private loans?
- Private loans and some credit card interest rates are frequently significantly more expensive than the fixed interest rate. Look up the APRs for federal student loans right now.
- The interest rate is predetermined and may be significantly less than those for some credit cards and private loans.
What distinguishes private loans from federal loans?
The main distinction between federal and private loans is that federal loans are provided by the government, whereas private loans are provided by banks, credit unions, and other financial institutions.
Learn more about federal loans
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