Answer:
check able deposits = $500
correct option is C. $500
Explanation:
given data
cash deposit = $100
reserve ratio = 20%
to find out
check able deposits
solution
we will apply here check able deposits formula that is express as
check able deposits = cash deposit + ( deposit cash - ( deposit cash × reserved ratio ) × 
) ...........................1
put here value we get
check able deposits = $100 + ( $100 - ( $100 × 20% ) × 
)
check able deposits = $500
correct option is C. $500
Answer:
$8,000
Explanation:
The entrepreneur needs $20,000. She can raise 60% from savings. It means she needs to generate 40% from other sources.
40% of $20,000 is
=40/100 x $20,000
=0.4 x $20,000
=$8,000
the interest rate is 3%
Ben should choose account X because, since it uses compound interest, it would pay interest on interest. Simple interest only pays on the original balance.
so your answer will be B it would pay interest on interest
Answer:
Business Analytics
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this is an example of Business Analytics. This term refers to the process of investigating past business performance and statistics in order to gain insight and increase sales by creating a new business plan. Which is what Finn is doing by reviewing the previous years sales data.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
The amount of time that is allowed before filing a report with the Michigan Dnr if property damage exceeds $2,.000 is 5 days.
<h3>What is Insurance?</h3>
This refers to the coverage that a product or service has and subscribed for that is covered in the event of theft, loss, or other unforeseen circumstance.
Hence, we can see that in the case of property damage, the maximum amount of time given to file to the Michigan DNR is five days if the damage to the vessel and other property damage totals more than $2,000.
Read more about property insurance here:
brainly.com/question/27421284
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