Savings and loan - Study guides, Class notes & Summaries

If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the Answer US Treasury Department Margaret wants to store a valuable coin collection & important papers. Generally, consumers should: Answer Rent a safe deposit box for their valuables Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of: Answer A savings plan Employees prefer direct deposits because: Answer The money is generally de...

DSC1630 Assignment 2 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references .. Question 1 Complete Mark 1.00 out of 1.00 Question 2 Complete Mark 1.00 out of 1.00 QUIZ Mary invested R40 000 in order to have R56 000 available in 30 months’ time. The yearly rate, compounded semi-annually, is a. 7,21%. b. 8,00%. c. 13,92%. d. 14,41%. Bhongo received R32 412,87 after investing an ...

FIN3702 Assignment 2 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ......... Question 1 Not yet answered Marked out of 1.00 QUIZ Commercial banks lend unsecured short-term funds in the following three basicways. 1. Single-payment notes, lines ofcredit, and commercial paper. 2. Single-payment notes, lines ofcredit, and revolving creditagreements. 3. Single-payment notes, revolv...

Well-structured DSC1630 Assignment 2 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).... Question 1 Complete Mark 1.00 out of 1.00 Question 2 Complete Mark 1.00 out of 1.00 QUIZ Mary invested R40 000 in order to have R56 000 available in 30 months’ time. The yearly rate, compounded semi-annually, is a. 7,21%. b. 8,00%. c. 13,92%. d. 14,41%. Bhongo received R32 412,87 after investing an amount of money in an account earning in...

Vivian buys a life insurance policy in which the insurer pays policyholders dividends based on how well the life insurer is doing. If the insurer is profitable, Vivian will receive dividends. If the insurer underperforms financially, Vivian and other policyholders will receive fewer dividends. Indicate the type of insurance policy Vivian purchased. A. Variable life insurance. B. Participating life insurance. C. Limited-pay life insurance. D. Non-participating life insurance - B. Participa...

_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing The primary determinants of real estate values are supply and _____. - Answer- Demand _____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral Servicing includes which of the following activities? - Answer- Maintaining records of payment The monet...

appraisal - value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - The percentage of value or sales price that a lender is willing to finance. limited appraisal report - exterior only/drive by inspection. deemed as low risk loan highest and best use of property - legal use that gives the greatest return Principal of Contribution - cost does not equal value Residential Mortgage Loan Originators (RMLO) - Must be certified licenc...

Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate Broker associate - Answer- A licensed broker working for another bro...

Arizona Life Insurance Exam Questions and Answers (Latest Update 2023) Verified Answers a whole life policy that provides a choice of dividend options include the following statement about dividends they accrue at a guaranteed rate they are deferred for one year they are not guaranteed they are guaranteed after the first year - Correct Answers they are not guaranteed When there is a named beneficiary on a life insurance policy, the death benefits 1. are directed to a trustee ...

appraisal CORRECT ANSWER value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) CORRECT ANSWER The percentage of value or sales price that a lender is willing to finance. limited appraisal report CORRECT ANSWER exterior only/drive by inspection. deemed as low risk loan highest and best use of property CORRECT ANSWER legal use that gives the greatest return Principal of Contribution CORRECT ANSWER cost does not equal value ...