Tasks associated with opening a checking account are:
- Provide information such as name, address, date of birth, and Social Security Number.
- Provide identification.
- Deposit at least the minimum balance.
- Sign an authorization card.
A checking account makes it simple to access your money for daily transactions while also keeping it safe. Typically, customers can pay their bills or make purchases using a debit card or a cheque. Different methods may be available for accounts to help avoid the monthly service charge.
A checking account's main function is to store your money in a safe location for a brief period of time, making it accessible when you need it to cover bills and other costs.
Customers who open checking account consent to make deposits into the account, and in return, the bank is obligated to carry out their payment instructions.
Before creating a checking account, it is important to weigh your options and find out whether or not the entity will charge you for maintaining the account and any related items. Being of legal age and fulfilling the conditions established by the chosen financial institution are the second prerequisites you must meet in order to open a checking account.
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The correct answer is : Public
purchasing stock through Secondary market means that an investor could purchase the stock from other investors, ( usually through stock exchange)
currently, only Public corporations could sell their stocks in the stock exhange
Answer:
700
Explanation:
The condition for maximizing profits is Marginal cost = Price.
1. We need to calculate the marginal cost, which is the first derivative of the total cost function.
- marginal cost = (TC=10000+0.04q2=) '
2. Now, we equalize the MC to the price and solve for q.
0.08q=56
q=56/0.08
<h2>
q=700</h2>
Answer:
D) Increase by $68,000
Explanation:
The computation of change in the operating income is shown below:
Sales ( 8,100 widgets × $39) $315,900
Less: Variable cost (8,100 widgets × $29) ($234,900)
Contribution margin $81,000
Less: Increase in fixed assets -$13,000
Net income increased $68,000
We simply applying the above format so that the change in the operating income could be find out. Since the net income is in positive so it shows an increment
<span>Which choice is the correct statement about "comprehensive" insurance?
B. Comprehensive insurance provides you coverage for both collision and physical damage.
Question 2
If I make a lot of claims on my insurance, my insurance cost will probably go up. TRUE
Question 3
What are some of the obligations you must fulfill for an insurance policy to be in effect? C. Both A and B.
What is collision insurance? B. Collision insurance is the coverage your insurance company gives you that only covers physical damage to a vehicle. Collision insurance usually has a "deductible" which means that the company will not pay 100% of damages.
All insurance companies charge the same rates for insurance coverage. FALSE
What is an insurance "deductible"?
D. An insurance deductible is what you pay yearly for car insurance if you don't have accidents.
What is an insurance policy?
B. An insurance policy is a document that tells you what you must pay for insurance coverage and what the insurance company is - and is not - covering.
What is the purpose of insurance?
D. Both B and C.
Life insurance can be most valuable in which of these cases?
D. Both B and C.
It is always smart to compare insurance costs between different companies. Insurance agents are usually good people. But remember that the job of insurance agents at most companies is to sell you their insurance policies. Their job is not to tell you that another company has a better and less-expensive policy. True.
What are some of the factors that would influence your insurance costs?
C. The type of car you drive.
In which cases does property insurance normally give you coverage?
D. All of the above.
Some insurance usually has a higher price for younger people because younger people have more accidents.FALSE
Health insurance is designed to cover some or all of your expenses related to accidents and some health issues.TRUE
Which actions will many insurance companies take if you receive a DUI?
C. Both A and B.
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