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2 years ago

Which savings account can a financial institution end?

2 answers:

nataly862011 [7]2 years ago

7 0

The correct answer is 'callable certificate of deposit’. Financial institutions can recall these before they reach maturity. This avoids financial institutions having to pay more if interest rates go down.

Inessa [10]2 years ago

7 0

The correct answer is:

callable certificate of deposit

Explanation:

A caallable certificate of deposit is a certificate of deposit (CD), insured by the FDIC, that contains a call feature. Callable CDs can be redeemed (called away) early by the bank before maturity, usually within a given time frame, and at a predetermined call price.

A callable security is one that can be redeemed early by the issuer, especially during times of decreasing interest rates. This helps banks save money by not continuing to pay higher interest rates on CDs when rates go down.

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In a data set with a range of 55.4 to 105.4 and 400 observations, there are 176 observations with values less than 86. Find the

IrinaVladis [17]

ANSWER:

In a data set with a range of 55.4 to 105.4 and 400 observations.86 lies in the 49th percentile.

SOLUTION:

Given, in a data set with a range of 55.4 to 105.4 and 400 observations.

There are 176 observations below the value of 86, and we need to find the percentile for 86.

We know that, percentile formula = $\frac{\text {number of observations below the required number}}{\text {total number of observations}} \times 100$

Percentile of 86 = $\frac{176}{400} \times 100$

Since, we cancelled 400 with 100 we get 4 , hence above expression becomes,

$=\frac{176}{4}$ = 49

So, percentile of 86 = 49

Hence, 86 lies in the 49th percentile.

5 0

2 years ago

Wade bicycles at a speed of 10 miles an hour and arrives at his office in only 15 minutes. What is the distance in miles to his

bulgar [2K]

Answer:

The distance to his office is 2.5 miles.

Step-by-step explanation:

Given : Wade bicycles at a speed of 10 miles an hour and arrives at his office in only 15 minutes.

To find : What is the distance in miles to his office?

Solution :

The relationship between distance, speed and time is

$\text{Distnace}=\text{Speed}\times \text{Time}$

The speed of bicycle is 10 miles per hour.

Time taken is 15 minutes.

Converting into hours,

1 hour = 60 minutes

1 minute = $\frac{1}{60}$ hours

15 minute = $\frac{15}{60}$ hours

15 minute = 0.25 hours

Substitute the value sin the formula,

$\text{Distnace}=10\times0.25$

$\text{Distnace}=2.5$

Therefore, The distance to his office is 2.5 miles.

4 0

2 years ago

The equation r = 6t gives the number of albums released, r, by a record label over time in years, t. If you graph this relations

GalinKa [24]

R = 6t.....subbing in (8,48).....t = 8 and r = 48
48 = 6(8)
48 = 48 (correct)

r = 6t...subbing in (13,78)...t = 13 and r = 78
78 = 6(13)
78 = 78 (correct)

so u have 2 sets of points on this line and they are (8,48) and (13,78)

5 0

2 years ago

Read 2 more answers

A machinist must cut 12 strips of metal that are each 3 ft 3 7/8 in. long. What is the total length needed in inches?

Y_Kistochka [10]

Answer: 478 1/2

Step-by-step explanation: 3 ft 3 7/8 in. is 39 7/8 in. 39x12=468. 7/8x12=84/8 or 10 1/2. 468+10 1/2=478 1/2.

5 0

1 year ago

Leilah has not yet

Ivenika [448]

Answer:

40 * x - 600 = 0

Step-by-step explanation:

The first thing is to identify the variable (x) of the equation and they will be the number of days that Leilah will take to read her flashcards. Now if you need to study 600 out of 2400, it is because you have read 1800. Therefore we have to:

2400 - 1800 = 40 * x

rearranging

40 * x - 600 = 0

The above would be the equation of the situation

6 0

2 years ago

Read 2 more answers