Suppose you are working in a bank that encourages customers to save money for their future. Your bank

Q: The future value is the same concept as the way money grows in a bank ·count True or falco2

A: Time, value of money refers to a concept used for evaluating the viability of the project which is…

Q: What are the factors that may influence the use of money vs credit cards?

A: There are several factors that influence someone's decision to buy goods or services through money…

Q: Vhen a bank grants a consumer loan to someone, it leads to: O a. an indirect flow of funds Ob. Oc a…

A: Consumer loans are a type of loan offered by banks and other financial institutions to individuals…

Q: What are the factors that make a person choose a bank? What are people looking for in a banking…

A: Bank is referred as the financial institution, which accepts the monetary deposits from the people…

Q: Why do you need to study Business Finance?

A: Finance is crucial for every business enterprise. The conceptual knowledge of Finance helps to carry…

Q: Banks are important to the study of money and the economy because they     provide a channel for…

A: Banks and economy: Banks are an important branch of the economy in modern world. Banks perform…

Q: Why is it important to check your bank statement? What should you look for? Explain your answer.

A: The bank statement is prepared in order to record the transaction that is related to the banking…

Q: What skills and knowledge can a person obtain by taking a Personal Finance course?

A: A personal finance course can provide an individual with the skills and knowledge they need to…

Q: Why is it important to choose checking and savings account that suits you best?

A: A checking account is that account which is for day to day spending. This is the account where the…

Q: 71. Which of the following is the usual activity classification of cash advances and loans made by…

A: Operating activities is the function directly retated to company's core business activities. Like…

Q: Explain how will you analyze Financial Statements of a Bank.

A: Bank financial statement  Although banks' financial statements generally follow a similar format to…

Q: Explain how commercial bank mange it balance sheet to maximize its profit without affecting the…

A: Commercial Banks are financial institutions accepting deposits from borrowers and using the deposits…

Q: How to increase ROA and ROE in a rural bank? Explain thoroughly

A: Ratio analysis: Ratio analysis is a tool that establishes a relationship between the different…

Q: How does a bank reconcile between liquidity and profitability.

A: Meaning of liquidity and profitability   Liquidity- is the ability of the bank to meet its…

Q: Explain the difference between how you would characterize bank deposits and loans as assets and…

A: Balance sheet: This financial statement reports a company’s resources (assets) and claims of…

Q: What is the main idea about personal finance and financial literacy

A: The main idea about personal finance and financial literacy revolves around the effective management…

Q: If you were a wise credit card user, under which of the following conditions would you consider…

A: Here the situation is person using the credit card and want to consider using the credit card to…

Q: Explain how banks can successfully undertake their role as financial  intermediaries in the…

A: A third party that creates a setting for performing financial transactions between various parties…

Q: 2. Explain the interactions between savings

A: Answer: Difference between financial and non-financial institutions: 1. Financial institution settle…

Q: Outline the main financial risks exposed by commercial banks and their implications on the value of…

A: The danger of losing money on an investment or business endeavor is referred to as financial risk.…

Q: Benefits of a savings account for borrowers ?

A: The saving account refers to the type of account in a bank that provides the facility to deposit the…

Q: Critically discuss the effect of deposit insurance on bank stability.

A: The deposit insurance is an insurance product that is offered to reduce or eliminate the risk of…

Q: Write in your own words which type of bank account would you like to open and explain why .

A: A Bank generally offers either time deposit accounts or a demand deposit account, Time deposit…

Q: Banks improves the liquidity of the bank by

A: The correct answer is c. Generating additional income from investment

Q: Visit the web and find information on how social networks like Facebook have had some influence on…

A: The rules of credit card companies have been significantly influenced by Facebook and other social…

Q: your simple habit for personal finance success

A: There is need for personal finance success and must follow certain steps to be successful in…

Q: Risk-weighted assets increase Risk-weighted assets decrease

A: Step 1 Risk assets are calculated by adding the amount of risk to the appropriate risk weight of the…

Q: Why are credits and debits different for banks compared for personal finance usage?

A: In personal account, all expenses, assets, and losses will be debited. All incomes, liabilities, and…

Q: Given a financial institution that make money in three ways: interest income, interest income, and…

A: Banks and Financial institutions make most of their money from loaning and re-loaning money. Low…

Q: A credit report keeps track of money you borrow from banks, credit card companies, and other…

A: Loan means the amount taken from another person to be repaid back with interest.

Q: Explain as to why people prefer to keep their savings in a bank though there are other opportunities…

A: An investor with money can either invest that money in equity, bonds, real estate, etc., or can save…

Q: What types of conveniences should you look for in a savings account?

A: Saving Account: A savings account is a basic type of bank account that permits you to deposit cash,…

Q: In managing credit risk for banks what are the two main concerns that banks have when lending money?…

A: Credit risk: It is the risk involved in receiving the interest and principal payments from the…

Q: is a financial product that allows an individual to lend their money to a bank A and be paid an…

A: A savings account is a financial product that allows an individual to lend their money to a bank and…

Q: When you borrow money, you typically have to pay an interest rate. What does interest represent? a)…

A: Step 1:When you borrow money, you typically have to pay an interest rate. Interest represents:a) The…

Q: What’s the difference between a commercial bank and an investment bank?

A: A financial institution that provides services such as accepting the deposits and providing the loan…

Q: If a credit is money coming to you, why is it called a credit card when money is removed from your…

A: Under the financial accounting, each account with some balance will either have debit balance or…

Q: Which of the following would likely not be considered a Cash Equivalent? Savings account O Money…

A: Let us first understand the definition of : Cash Equivalent:- It is an extremely liquid investment…

Q: Explain the risks that banks expose themselves to in their day-to-day operations. Analyse how banks…

A: Financially speaking, risk is the possibility that a result or investment won't provide the desired…

Q: Which statement best describes the role of a credit agency? It tracks the use of credit for lenders.…

A: credit agencies play a crucial role in facilitating lending and investment decisions. These…

Q: What are bank assets used for?

A: Standard Disclaimers“Since you have posted a question with multiple subparts, we will solve first…

Q: What information does a bank need, and the information value?

A: A Bank is a financial body primarily dealing with accepting of money from people and advancing loans…

Q: As a business administration student, why do you think that saving money is important

A: The amount which is set aside by an individual for the purpose of earning returns can be defined as…