Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A NOW account requires a minimum balance of $750 for interest to be earned at an annual rate of 4 percent. An account holder has maintained an average balance of $500 for the first six months and $1,000 for the remaining six months. The account holder writes an average of 60 checks per month and pays $0.02 per check, although it costs the bank $0.05 to clear a check.
1. What average return does the account holder earn on the account?
(Gross interest return = Explicit interest return + Implicit interest return)
2. What is the average return if the bank lowers the minimum balance to $400?
3. What is the average return if the bank pays interest only on the amount in excess of $400? Assume that the minimum required balance is $400.
4. How much should the bank increase its check fee to the account holder to ensure that the average interest it pays on this account is 5 percent? Assume that the minimum required balance is $750.
It is depreciated linearly over 7 years and has a scrap value of $6,000.00. A linear equation expressing the truck's book value at the end of t years is:
Part 1. What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?
Imagine that the spouse of a coworker recently died of cancer. Write the coworker a letter of sympathy. Write a short note thanking a friend who sent you good wishes when you recently completed your degree.
Identify one challenge you see in the U.S. health care system today. What healthcare organizations/departments are impacted?
Prepare a detailed outline of topics for a two hour training class for managers regarding employment law
Give a good answer to the following question. Who decides what goods services will be produced and sold in the US?
Define Extensive and Intensive Margins of Health Care Use (define and explain with one example for each). How does marginal productivity of health
Discuss how the McKinsey's 7S framework impact the future strategies of firms in the U.S.
Describe factors that contributed to rise and fall of Nortel. What mechanism should be put in place to better align managers with the interests of shareholders?
What is the Internal Rate of Return (IRR) on this project (in %)?
1) Internal structures are part of the incentives offered in the organizations. Look into any organization you are familiar with. Describe the flow of work. How is the job structure aligned with the organization's business, the work flow, and the ..
Of the trends technology, workforce diversity, big data, mobile learning, which two or three do you think will influence TD professionals
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd