16 Answered Questions for the topic banking

06/20/21

#### Work-time related math.

Working alone at their respective constant rates, A can complete a task in ‘a’ days and B in ‘b’ days. They take turns in doing the task with each working 2 days at a time. If A starts they finish... more

06/13/21

#### Mixture replacement math help.

A container contains 64 liters of pure milk. A replacement process takes place three times. A person takes out 16 liters of milk from the container and replaces it with 16 liters of water. Then 16... more
Banking Math Sat Math Maths

01/04/21

#### Geometric Series and finance combo Critical Math.

(a) A geometric series has first term a and common ratio r. Prove that the sum of the first n terms of the series is: a(1-rn)/(1-r).Mr. King will be paid a salary of £35 000 in the year 2005. Mr.... more

07/06/20

#### Mergers and Acquisitions create synergies. Critique this statement.

Mergers and Acquisitions create synergies. Critique this statement in view of the recent merger of CBA and NIC Bank to form NCBA Bank and the takeover of National Bank of Kenya by KCB Bank Group.
Banking Finance Loan

03/13/20

02/12/20

Banking

11/27/17

#### what is a bank statement?

This is a multiple choice question and the alternatives are as follows a. a form used to list money deposited b. a written record of cash spent  c. a deduction for handling an account d. the amount... more
Banking

01/06/17

#### Banking Word Problem

A bank has loaned out $500,000, part of it at 6% per annum and the rest of it at 11% per annum. If the bank receives$43,750 in interest each year, how much was loaned at 6%?

09/08/16

09/30/15

#### Interest compounded annually

You place $800 in an account that earns 4% annual interest, compounded annually. How long will it be until you have$2000?
Banking

06/25/15

Can The bank prove I made a money order? I threw away the receipt a while ago but got a call from the hospital saying they did not receive the payment yet. I did pay it, and I did it right in front... more
Banking

01/31/14

#### On Banking

On February 2, you receive your bank statement showing a balance of $2,844.43. Your checkbook shows a balance of$2,964.77. Outstanding checks are $152.43,$342.05, and \$95.10. The account earned... more

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