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☆☆☆☆☆Cards in this guide (17)
What is an EFT
Electronic Fund Transfer
What institution insures individual banking accounts
minimum check-writing fee
What is done with the finance charge assessed by a credit card company
added to the balance
What type of financial institution do most people deal with
commercial banks...
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59
463.72
How do you calculate Interest rate if loan amount and monthly payments and loan amount is given
17k 300 per month
Which of these is the correct formula for calculating interest on a loan
Interest = Rate x Principal x Time
Which of these does not describe a total consumption budget
it is designed to reach short-term goals
Which of these is not a goal of monetary policy
to manage how tax revenue will be spent
What does automatically withdraws the amount of a purchase from the consumers checking account
debit card
What statement about the federal reserve system is not true
It is responsible for FDIC
What describes discount loans
They require the interest to be paid first.
Money you deposit into a savings account could be insured by the federal deposit insurance corporation up to what amount
$250.00
Calculate the annual interest rate on a credit card if the monthly interest rate is 1.2.
14.4 %. A+
What of these describes a weak economy
Aggregate demand is low
What is aggregate demand'
the total demand for final goods and services in the economy
Which statement about money market accounts is not true
Account holders can usually make unlimited withdrawals each month without paying a withdrawal fee.
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