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The amount of money deposited or borrowed is the?
It is sometimes called the capital.
The amount of money first deposited into a savings account is called?
i think it is PRINCIPAL but im not sure.
What happens if you deposit 10000.00 into a bank?
Actually nothing special happens. The few things that happen are:Your bank balance increases by 10000 (the amount you deposited)The money you deposited is available for withdrawal anytime you wantThe money you deposited starts earning an interest for you for as long as this money is kept in that account.
Are you a money-saver or a money-waster?
Money-waster probably
How much money can be deposited using an ATM?
It depends on the law or the place you stay. Few ATM's have deposit limits. but there are a large number of ATM's which virtually accept any amount to be deposited.
If you deposit money and the guy changes his mind does he have to pay you back?
that person who you deposited the money has to pay you double the amount you deposited
How much money can be deposited into a tax free savings account?
The annual amount of money that can be deposited into a tax free savings account for 2013 is $5,500. The amount will vary depending on your country of residence.
The amount of money deposited or borrowed is the?
It is sometimes called the capital.
Deposited money in bank is cr or dr?
Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.
Is the amount in the pf account half of the actual amount?
No. Not at all. The amount in the PF account equals all the money that was deposited into it + interests
The amount of money first deposited into a savings account is called?
i think it is PRINCIPAL but im not sure.
What happens if you deposit 10000.00 into a bank?
Actually nothing special happens. The few things that happen are:Your bank balance increases by 10000 (the amount you deposited)The money you deposited is available for withdrawal anytime you wantThe money you deposited starts earning an interest for you for as long as this money is kept in that account.
Does a secured credit card build credit the same was a normal card?
No, you have to deposit money in the account first, after that they give you a credit based on the amount you deposited. But the deposited amount stays in there until they change it to an unsecured card.
What is contribution refer to provident fund?
Contribution refers to the amount of money that gets deposited into the pf account
Are you a money-saver or a money-waster?
Money-waster probably
How much money can be deposited using an ATM?
It depends on the law or the place you stay. Few ATM's have deposit limits. but there are a large number of ATM's which virtually accept any amount to be deposited.
Can money be deposited into frozen account?
Yes money can be deposited in account when frozen but cannot be taken out.
