Below are your options for a bank. Look at the banks details and decide which bank you would choose. Be sure to explain your answer.
Keys Bank
Insured: yes
Services: checking, savings, loans, CDs
Locations: downtown, near the office
Hours: 8 a. m. - 4 p. m.
ATMs: many convenient locations
Membership: none
Fees: $25 fee for going below minimum balance, $30 fee for bouncing a check, $10 fee for overdraft, ATM fees
Interest rates:.15 percent
New England Bank
Insured: yes
Services: checking, savings, online banking, loans, CDs
Locations: near the grocery store, throughout New England
Hours: 8 a. m. - 6 p. m.
ATMs: at the bank, near school
Membership: none
Fees: $25 fee for bouncing a check, $15 fee for overdraft
Minimum balance: no minimum balance
Interest rates:.5 percent
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Below are your options for a bank. Look at the banks details and decide which bank you would choose. Be sure to explain your answer. Keys ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
At july 31, planter company has this bank information: cash balance per bank $7,291, outstanding checks $762, deposits in transit $1,350, and a bank service charge $40. determine the adjusted cash balance per bank at july 31.
Answers (1)
If compensation for senior management is based on short-term performance of the firm, in the short run the firm is likely to
Answers (1)
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were exist325,000 and its year end receivables were exist60,000. If its DSO is less than the 45-day credit period, then customers are paying on time.
Answers (1)
What is drill-down capability? a. Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information b. Enables the examination of information from different perspectives c.
Answers (2)
Which progressive activist was a graduate of allegheny college and the writer of a popular series for mcclure's who went on to investigate the business dealings of the standard oil company?
Answers (1)
New Questions in Business
When the consumer price index rises, the typical family a. has to spend more dollars to maintain the same standard of living. b. can spend fewer dollars to maintain the same standard of living. c. finds that its standard of living is not affected. d.
Answers (1)
A magazine subscription costs $45 per year at the beginning of each year, or $115 now for a three-year subscription. If the subscriber elects to pay the $115 now, the rate of return on the investment will be nearest to:
Answers (2)
The second step in rational decision making is to: choose the solution that maximizes value. identify the criteria that are important in making the decision. evaluate the alternatives. implement the alternative.
Answers (1)
What impact will a spike in wages cause to the labor demand curve?
Answers (1)
A company issued 8%, 15-year bonds with a par value of $500,000 that pay interest semiannually. The market rate on the date of issuance was 8%.
Answers (1)