What Do Banks Do With Their Deposits?

1 answer:

7 0

Answer: When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on deposits), and the lending customer pays a larger amount of money to the bank in return (interest on loans).

Explanation: I think

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C. retailer

Explanation:

A retailer is a business entity that buys goods from manufacturers or wholesalers and sells them to the end-users. A retailer is, therefore, a middleman who helps customers acquire products from manufacturers.

There are several types of retailers classified according to their size and nature of business. Departmental stores are the largest retailers. They stock a wide range of products from electronics, jewelry, food items, furniture, clothing, to books, all under one roof. Other retailers include supermarkets, drugstores, restaurants, convenience stores, and discount stores.

Retailers make profits by buying goods at a wholesale or factory price and selling them at a higher retail price.

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What type of reinsurance contract involves two companies automatically sharing their risk exposure?

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The appropriate response is Treaty. It is an understanding under worldwide law went into by performing artists in global law, to be specific sovereign states and universal associations.
A settlement is an official, express composed assention that states use to legitimately tie themselves. A settlement is an official archive which communicates that understanding in words, and it is likewise the target result of a stately event which recognizes the gatherings and their characterized connections.

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Which two meta solutions enable businesses to communicate privately and instantly with customers?

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The two meta solutions that enable people to communicate easily are

Face.book
What.sapp

This is the term that is used to refer to the social media networks that are known by Mark Zuckerberg.

These are the solutions that are known to solve the issues of communication between friends and families over great distances.

These solutions help to make relationships better. They do this by helping to keep communications open and alive.

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The key to market positioning is _______. having a multitude of products to market having a well-defined promotional campaign de

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Strategy is the word you are looking for

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A high-interest savings account pays 5. 5% interest compounded annually. If $300 is deposited initially and again at the first o

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For the given question, the summation that represents the money in account is:

$\begin{aligned}\sum_{10}^{n=1}316.5(1.055)^{n-1} \end{aligned}$

The principal amount if compounded annually, the formula that represents the amount to be received after n years is:

$\rm A = P(1 + \dfrac{r}{100})^t$ where A is the amount received after compounding, P is the principal, r is the rate of interest and t is the tenure.