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Author Question: Describe how the effective rate of interest of a money market or CD account can be ... (Read 122 times)

jayhills49

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on: Jun 24, 2018
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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Reply #1 on: Jun 24, 2018
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
YES! Correct, THANKS for helping me on my review

steff9894

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Reply 3 on: Yesterday
Excellent

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