Alright, so let's go through each choice.
First off, a checking account is an account at a bank against which checks can be drawn by the account depositor. Or basically, where you can write checks to others.
First answer:
Most checking accounts pay interest on deposits.<span>
</span>True, most banks tend to pay interest on deposits. However, <span>some banks will require that you use direct deposit or maintain a minimum balance. </span>Interest-bearing checking<span>: With an </span>interest<span>-bearing </span>checking account<span>, you are </span>paid interest<span> on the money in your </span>account<span>.</span>
B. When you write a check the bank takes money from your account and pays it to the person who submits the check.
True, this should be a no-brainer. You're paying the person with a check.
C. The bank keeps track of how much money you have left in your account and sends you a statement each month. A charge is usually made for this service
True, this is with almost every bank account.
So, this should be all of the above.
Answer:
$16,557
Step-by-step explanation:
The computation of the amount after four years is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= £15,000 × (1 + 2.5%)^4
= £15,000 × 1.025^4
= $16,557
Answer:
She would pay <u>$38.17</u>.
The correct answer is B.) 38.17
Step-by-step explanation:
Given:
Sam's Discount Store offers a 2% discount for paying cash.
A set of skillets priced at $38.95.
Now, to find the amount Joan would pay cash for a set of skillets.
Cost price of skillets = $38.95.
Discount rate = 2%.
Now, to get the price after discount:
Therefore, she would pay $38.17.
The correct answer is B.) 38.17
Answer:
C
Step-by-step explanation:
The line of best fit is a linear function that is closest to all the points and shows the trend in the data. Since the data is going up ultimately, the slope of the line will be positive. Only B and C are options.
To find the best fit, draw a line through the center of the most points. This line will have as its y-intercept a value around 12 and a gentle slope. This means the answer choice is C.
Answer:
x=49
Step-by-step explanation:
Make x the only variable on the left by subtracting the 5 over.
this leaves you with x=54-5
this is equal to 49