28 Answered Questions for the topic banking

09/27/15

Rates word problem
If the balance, M, at time t in years, of a bank account that compounds its interest payments monthly is given by M = M0(1.07763)t (a)  What is the effective annual rate for this account? (b)... more
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Banking

06/25/15

Money Order question, please help!
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
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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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