Nico is the new assistant branch manager of a larger Florida-based bank and the branch manager has asked him a question to test his knowledge.
The question he asked is which rate should the bank advertise on monthly-compounded loans, the nominal annual percentage rate or the effective annual percentage rate? Which rate should the bank advertise on quarterly-compounded savings accounts? Explain. As a consumer, which would you prefer to see and why?
Question 2
Which of the following is one of the positive benefits of an effective ethics program?
A) reduce potential litigation and judgment costs
B) maintain and build competitor confidence
C) gain the loyalty, commitment, and respect of the firm's competitors
D) making sure violations are penalized, while at the same time not subjecting the employee to publicity
Chemosynthesis-based community on the East Pacific Rise.
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
Example of Reconciling a Bank Statement Cont.
Using a water-based cleaning system helps reduce the hazards from using strong chemicals.
IPCC models are based on projections of growth
An electrochemical cell is based on these two half-reactions