A bank can offer which of the following

Business

1 answer:

konstantin123 [22]3 years ago

8 0

Answer:

Checking Account, Savings Account, Safety Deposit Box

Explanation:

Banks are financial institutions that provide a wide variety of financial services to their customers. They accept customer deposits and issue loans. Commercial banks act as intermediaries between the supply side and demand side of credit.

Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include

Checking accounts,
Savings accounts,
Safety Deposit Box
Money Markets accounts
Certificated of Deposits accounts

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rewona [7]

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3 years ago

Anthony and Michelle Constantino just got married and received $29,000 in cash gifts for their wedding. How much will they have

bearhunter [10]

Answer:

Future value will be larger with smaller compounding period; $373.4 more would be earned with shorter compounding period.

Explanation:

Given:

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Rate = 4% or 0.04 compounded annually

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