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Author Question: Describe how the effective rate of interest of a money market or CD account can be ... (Read 120 times)

jayhills49

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Describe how the effective rate of interest of a money market or CD account can be calculated.

Question 2

List three examples of ways customers can utilize electronic banking.



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wergv

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Answer to Question 1

Divide the amount of interest earned for one year on the account by the amount of money deposited.

Answer to Question 2

EFT, direct deposits, ATMs, debit cards




jayhills49

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


tanna.moeller

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Reply 3 on: Yesterday
:D TYSM

 

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