Answer:
im pretty sure its 42%. so it would be d
customer's deposits.
B. A credit union and a retail bank are the same thing; there is no
difference between them.
C. A retail bank is "membership only", a credit union deals with the
general public
D. A credit union is a nonprofit entity; a commercial bank is a for-
profit entity
Answer:
The answer is (D.) A credit union is a nonprofit entity; a commercial bank is a for-profit entity.
Step-by-step explanation:
While Credit unions are not-for-profit organizations that exist to serve their members Retail banks are for-profit organizations that exist to serve the general public. Just like retail banks, credit unions accept deposits, make loans and provide a wide array of other financial services, but mainly from registered members.. But as member-owned and cooperative institutions, credit unions provide a safe haven to members only to save and borrow at reasonable rates.
Answer:
A. A credit union is a non-depository institution; a retail bank takes customer deposits.
To estimate the difference between 19.7 and 6.9, subtract 6.9 from 19.7 to obtain the answer which is 12.8.
The problem 19.7 - 6.9 is a mathematical operation involving subtraction. In order to find the solution, you must subtract 6.9 from 19.7 as performed using a mathematical method, which in turns gives you the answer 12.8. Therefore, estimated difference for 19.7 and 6.9 is 12.8.
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