How much money do a bank make daily

Answers

Answer 1
Answer:

On savings accounts, banks make money by paying depositors virtually no interest. Most major banks pay an interest rate of only 0.01% on their savings accounts. And then they use the money customers deposit to make loans at much higher rates. So, we are basically giving interest-free loans to banks. and by the end of the year they will have over a million dollars.


Related Questions

Based on the position's responsibilities, why do you think you're a good fit for this position?*
If your _________, your net worth on the balance sheet would have increased from one period to the next. liabilities increased and assets remained constant liabilities increased and assets decreased assets increased and liabilities remain constant income increased
All of the following actions by the Fed would promote an easy money policy EXCEPTa. increasing the reserve requirement. b. buying government securities. c. lowering the discount rate. d. announcing that it anticipates adopting an easy money policy. Please select the best answer from the choices provided A B C D
How do property rights benefit entrepreneurs?A) by enabling them to purchase capital and use it as they see fitB) by allowing them to use their employees’ propertyC) by facilitating the use of public property for private businessesD) by freeing unused public land for commercial purposesE) by letting them display advertisements on public property
Ord's 5-year bonds pay 6 percent annual interest semiannually on a $1,000 face value. If bonds sell at $985, what is the bond's expected rate of return?

The charge for borrowing money is called interest. true false

Answers

the answer to your question, is true
hope this helps :D

the answer to your question is TRUE! hope we were help.

God bless you!

-vf

1. The _____ measures your level of education and income.A. educational attainment
B. degree level
C. educational achievement
D. income-education levels

2. A resume does all of the following EXCEPT _____.
A. list your experience
B. list your education
C. help you apply for a job
D. find you a new job

3. When calculating total gross pay, you should _____.
A. use only your hourly wage
B. use your hourly wage and tips
C. use only your tips
D. use your hourly wage and tips minus any deductions

Answers

1. The _____ measures your level of education and income. A. educational attainment
B. degree level
C. educational achievement
D. income-education levels

Answer: Option D. income - education levels

This is a graph (or function) that relates the education levels with income.

2. A resume does all of the following EXCEPT _____.
A. list your experience
B. list your education
C. help you apply for a job
D. find you a new job

Answer: option D. find you a job.

You have to find the job by writing a good resume and having a great interview.

3. When calculating total gross pay, you should _____.
A. use only your hourly wage
B. use your hourly wage and tips
C. use only your tips
D. use your hourly wage and tips minus any deductions
Answer: option B. use your hourly wage and tips.

Gross pay includes all the incomes without deductions.

The answers to the questions are:

  • The income-education levels measures your level of education and income.
  • A resume does all of the following EXCEPT  find you a new job
  • When calculating total gross pay, you should use your hourly wage and tips.

What is the income education level?

This is a term that has to do with the amount of money that a person is going to be paid for a job that they qualify for.

This puts a person's salary under the educational attainment that he or she has.

Raed more on income here: brainly.com/question/25745683

#SPJ5

A Minnesota farmer buys a new tractor made in Iowa by a German company. As a result, a) U.S. investment and GDP increase, but German GDP is unaffected. b) U.S. investment and German GDP increase, but U.S. GDP is unaffected. c) U.S. investment, U.S. GDP, and German GDP are unaffected because tractors are intermediate goods. d) U.S. investment, U.S. GDP, and German GDP all increase.

Answers

Answer:

The correct answer is option a.

Explanation:

A Minnesota farmer buys a new tractor made in Iowa by a German company.  

This transaction will lead to an increase in US investment and US GDP. There will be no effect on German GDP.  

Since tractor is a capital good its purchase will be included as investment expenditure. Even though the company is German, the production and sale take place within the geographical boundaries of the US, the transaction will be included in the US GDP, not in German GDP.

A supervisor who has more than seven people reporting to him or her: select one:a. should regularly report to the incident commander (ic) to inform him or her of the functions that his or her team is performing.
b. should assign a specific task to each person reporting to him or her and regularly follow up to ensure that the tasks were carried out.
c. has exceeded an effective span of control and should divide tasks and delegate the supervision of some tasks to another person.
d. is more beneficial to the overall effort than a supervisor with fewer personnel because his or her team can accomplish more tasks.

Answers

A supervisor who has more than seven people reporting to him or her has exceeded an effective span of control and should divide tasks and delegate the supervision of some tasks to another person. When there are too many people reporting to one supervisor it can become overwhelming and it is easy for tasks and people to be pushed aside and overlooked. It is best to divide tasks up between other supervisors that have less people reporting to them. 

Michelle is investigating the financial statements of two companies. One company is in the maturity phase of the corporate life cycle, and the other company is in the decline phase. What financial activity might both companies be involved in?

Answers

Answer:

Purchasing treasury stock

Explanation:

Base on the scenario been described in the question, the type of financial activity both company are involved in is Purchasing treasury stock

Treasury stock purchase is often a form of reserved stock set aside to raise funds or pay for future investments. Companies can probably use this treasury stock to pay for an investment or acquiring of competing businesses.

Which pair of variables CAN'T be represented on a scatter plot?. A: The total number of hours a group of employees works and the number of employees. B: The heights and weights of a company's employees. C: The hemoglobin levels and blood types of patients in a hospital. D: The hours spent watching TV and the hours spent working on a laptop.

Answers

A scatter plot is a type of graph in which use Cartesian coordinates to display values of typically two variable set of data and use it in the graph. It also reflect the relationship between two variables and how each other affects each other. And i think the best answer to your choices is letter C. 

The pairof variables that can’t be represented on a scatter plot the hemoglobinlevels and blood types of patients in a hospital. The correctanswer between all the choices given is the third choice or letter C. I amhoping that this answer has satisfied your query about this specific question.