How many cheques would chika need to write each month

Assignment Help Finance Basics
Reference no: EM132473868

Tika Aaron is deciding between two banks for her chequing account. Yuman Bank requires a minimum deposit of $100, charges a monthly fee of $8, plus $0.50 per cheque. Okihoma Bank also requires a minimum deposit of $100, charges no monthly fee, but charges $1.75 per cheque. How many cheques would Chika need to write each month to make Yuman Bank less expensive to use than Okihoma Bank. (Show your calculations)

Reference no: EM132473868

Questions Cloud

Define how key regulations may impact nursing practice : Review the Resources and reflect on the mission of state/regional boards of nursing as the protection of the public through the regulation of nursing practice.
Topic - Object-Oriented Database Management System : OODBMS Presentation Assignment - Topic - Object-Oriented Database Management System (OODBMS) To Assist In Excellent Customer Service
Describe the patient who uses cam the most : Describe the patient who uses CAM the most. Identify methods of including the use of CAM in patient education. List ways in which conventional medicine and CAM.
How impact by international financial reporting standards : How impact by International Financial Reporting Standards. How has the passing of the Sarbanes-Oxley Act changed the accounting profession?
How many cheques would chika need to write each month : How many cheques would Chika need to write each month to make Yuman Bank less expensive to use than Okihoma Bank. (Show your calculations)
Create a scenario where an individual goes to the doctor : Using the word blank below, create a scenario (make up a short shory) where an individual goes to the doctor and finds out he or she has type 1 or type 2.
Value of gbp1 against cad in the future : If interest rate is 4.5% in Canada and 3% in UK, according to IFE, what should be the percentage change in the value of GBP1 against CAD in the future?
What debt service and capital projects funds is : One characteristic shared by the general fund and special revenue fund that does not generally apply to the permanent, debt service, and capital projects
How the primary goal of stock price maximization : How the primary goal of stock price maximization may be incompatible and or conflicting with issues related to social responsibility of corporations?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd