Answer: overturned prohibitions on interstate banking and branching(D)
Explanation:
The Riegle-Neal Act of 1994 was signed into law by former United States of America president; President Bill Clinton in September 1994. The Riegle-Neal Act of 1994 removed many obstacles that were encountered by banks that want to have branches in other states.
The Riegle-Neal Act of 1994 also provided uniform set of rules for the banks in each state. It allowed interstate banking nationwide for the first time, by allowing well-managed, and well-capitalized banks to get banks in other states.
Answer:
a. The share price will be = $92 * 3 / 5 = $55.2
The number of shares will be = 590,000 shares * 5/3 = 983,333 shares
b. The share price will be $92 / 1.14 = $80.70175 = $80.70
The number of shares will be = 590,000 * 1.14 = 672,600 shares
c. The share price will be = $92 / 1 .40 = $65.714286 = $65.71
The number of shares will be = 590,000 * 1.4 = 826,000 shares
d. The share price will be = $92 * 7 / 4 = $161
The number of shares will be = 590,000 * 4 / 7 = 337,143 shares
Answer: Both ‘8.2%’ and ’14.6%’ are descriptive statistics.
Descriptive statistics summarize and describe the features of the data in a study or survey numerically.
In this question, the information just tells us the percentage of people who had a particular opinion for a given question. Hence these percentages describe the data.
<span>Having a nominal interest rate less than 0 would mean that a depositor pays a bank to hold its money. If the annual nominal interest rate is negative 1 percent, a deposit of $1000 dollar would come out $10 dollar short the following year which is why someone with dollar bills will never agree to loan with a nominal interest rate that is negative percent.
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