Answer:
Checking Account, Savings Account, Safety Deposit Box
Explanation:
Banks are financial institutions that provide a wide variety of financial services to their customers. They accept customer deposits and issue loans. Commercial banks act as intermediaries between the supply side and demand side of credit.
Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include
- Checking accounts,
- Savings accounts,
- Safety Deposit Box
- Money Markets accounts
- Certificated of Deposits accounts
Answer:
An organisation statement on how it will achieve its purpose in the environment in which it conducts business.
Explanation:
A mission statement can be defined as a statement which explains the reasons for an organisation existence, it also explains what a business aims to achieve at a long-run.
All organisations have their different mission statements which clearly defines the purpose of the business. It is used to create a form of direction and also motivation to the various employees of the organisation.
Mission statements serves as a guide that enables the organisation to achieve their objectives and goals, It also helps in the planning of future aspirations.
Answer: 15
Explanation:
For profit to be maximized by a monopolist, the marginal revenue and marginal cost must be gotten.
P= 105-3Q
MC= 15
Since total revenue is price × quantity, TR= P×Q = (105-3Q)Q
= 105Q-3Q^2
MR= 105-6Q
Since we've gotten marginal revenue and marginal cost, we equate both together.
MR=MC
105-6Q = 15
6Q = 105-15
6Q=90
Divide both side by 6
6Q/6 = 90/6
Q= 15
The quantity that will maximise profit is 15
Answer:
Point B
Explanation:
A "trough" in essence is just like a dip or a ditch. The answer is B because it is at the lowest point of that dip.
The way a bank determines the balance on which you calculate your interest is known as an annual percentage rate. In reality, the banks take the annual percentage rate and charge a person on their daily interest rate. You can find out the daily rate by taking the APR, annual percentage rate, and divide it by the number of days in a year. The correct answer is D.
