O
O
O
A. FDIC fee
B. Early redemption fee
C. Liquidity fee
SUBMIT
PREVIOUS
The type of fee charged for withdrawing money from a CD before the date of maturation is Early redemption fee.
We have to determine the type of fee charged for withdrawing money from a CD before the date of maturation.
We have given
A. FDIC fee
It required the largest taxpayer bailout in the year 2008 financial crisis, explained in a footnote on its schedule of fees for business accounts in the nation's states that it charges an FDIC insurance fee at the annual rate of 13 cents per $100.
It related to insurance so it is not correct option.
B. Early redemption fee
The fee may be required to make to a lender if we pay off a loan or mortgage before the scheduled term of the credit facility.
So the Banks and credit unions often charge a fee if you withdraw money before maturity.
Therefore the Option B is correct.
C. Liquidity fee
This is nothing but the liquidity facility providers that the borrower may from time to time agree to pay.
Therefore this is not correct option
To learn more about withdrawing money from a CD visit:
Answer: early redemption fee
Step-by-step explanation:
Answer:
x = 12 , x = 21
Step-by-step explanation:
If you have any questions about the way I solved it, don't hesitate to ask!!!!
To solve the equation by drawing disks on a place value chart, represent 2 copies of 4 tenths as disks in the tenths place. The equation is 0.4 + 0.4 = 0.8.
To represent and solve for "2 copies of 4 tenths" using a place value chart, you can follow these steps:
**Step 1:** Set up the place value chart. The place value chart includes columns for units, tenths, hundredths, and so on.
```
Units | Tenths | Hundredths | ...
```
**Step 2:** Represent the first "4 tenths." Draw four disks in the tenths place, which is the second column from the right.
```
Units | Tenths | Hundredths | ...
▢ ▢ ▢ ▢
```
**Step 3:** Represent the second "4 tenths." Draw four more disks in the tenths place.
```
Units | Tenths | Hundredths | ...
▢ ▢ ▢ ▢
+ ▢ ▢ ▢ ▢
```
**Step 4:** Add the two sets of "4 tenths" together. When you add them visually, you get eight disks in the tenths place.
```
Units | Tenths | Hundredths | ...
▢ ▢ ▢ ▢
+ ▢ ▢ ▢ ▢
------------
▢ ▢ ▢ ▢
```
**Step 5:** Express the sum in standard decimal form. In this case, it's 0.8.
So, 2 copies of 4 tenths is equal to 0.8 in standard decimal form.
Learn more about equations here:
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