Im opening a corporate bank account. Bank A charges a fixed monthly fee of $120 plus...
Im opening a corporate bank account. Bank A charges a fixed monthly fee of $120 plus 10 cents per check written. Bank B charges a fixed monthly fee of $100 plus 14 cents per check written.
(a). Sketch the graphs of the functions A(x) and B(x) which represents the monthly cost of banking at the two banks, where x is the number of checks written in the month. Label the y-axis intercepts and find the coordinates of the point where the two graphs intersect.
(b). Bank C has just announced that they will offer a new account for a fixed monthly fee of $150 with unlimited free checks. Which advice would you give me as to which bank to open?
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Im opening a corporate bank account. Bank A charges a fixed
monthly fee of $120 plus...
Java Bank program A bank charges a base fee of $10 per month, plus the following...
Java Bank program A bank charges a base fee of $10 per month, plus the following check fees for a commercial checking account: $.10 each for less than 20 checks $.08 each for 20–39 checks $.06 each for 40–59 checks $.04 each for 60 or more checks Write a program that asks for the number of checks written for the month. The program should then calculate and display the bank’s service fees for the month.
Must be written in C++ Bank Charges A bank charges $15 per month plus the following...
Must be written in C++ Bank Charges A bank charges $15 per month plus the following check fees for a commercial checking account: $0.10 per check each for fewer than 20 checks (1-19) $0.08 each for 20–39 checks $0.06 each for 40–59 checks $0.04 each for 60 or more checks Write a program that asks for the number of checks written during the past month, then computes and displays the bank’s fees for the month. Input Validation: Display an error...
C++ A bank charges $10 per month plus the following check fees for a commercial checking...
C++
A bank charges $10 per month plus the following check fees for a commercial checking account: $.10 each for fewer than 20 checks $.08 each for 20-39 checks $.06 each for 40-59 checks $.04 each for 60 or more checks The bank also charges an extra $15 if the balance of the account falls below $400 (before any check fees are applied). Write a program that asks for the beginning balance and the number of checks written. Compute and...
Complete Bank Reconciliation 2. The deposits to the bank account, as recorded on the bank statement,...
Complete Bank Reconciliation
2. The deposits to the bank account, as recorded on the bank statement, are compared to the deposit slips retained by the company. It is noted that the last deposit, of $760, occurred after banking hours on the day of the bank statement and therefore has not been recorded by the bank on this bank statement. 3. Checks returned with the bank statement are compared to the checks written and listed in checkbook. This comparison shows that...
Make adjusting journal entries. 2. The deposits to the bank account, as recorded on the bank...
Make adjusting journal entries.
2. The deposits to the bank account, as recorded on the bank statement, are compared to the deposit slips retained by the company. It is noted that the last deposit, of $760, occurred after banking hours on the day of the bank statement and therefore has not been recorded by the bank on this bank statement. 3. Checks returned with the bank statement are compared to the checks written and listed in checkbook. This comparison shows...
Answer Point Value Points Earned American Credit Union First National Bank Hillsboro Bank Internet Bank ATM...
Answer Point Value Points Earned American Credit Union First National Bank Hillsboro Bank Internet Bank ATM Charges Home bank Free Free Free Free $1 4 free then $2 per use $3 $500 $200 $5 $6 Use of service at competitor's bank Checking Account Minimum balance required to avoid fees $400 $250 Monthly Maintenance Fee $13 7 free checks, then $1 per Per Check Processing Fees Unlimited check 1. Selecting a Bank. Sean wants to open a checking account with $275....
Randy, a student, has 264$ o deposit in a new chequing account, but Randy knows he...
Randy, a student, has 264$ o deposit in a new chequing
account, but Randy knows he will not be able to maintain a minimum
balance. He will not use an ATM card, but will write a large
number of cheques. Randy is trying to choose between the unlimited
check writing offered by South Trust and the low per-check fee
offered by Sun Coast. How many checks would Randy have to write
each month for the account at South Trust to...
Must be written in C++ Bank Charges A bank charges $15 per month plus the following...
Must be written in C++ Bank Charges A bank charges $15 per month plus the following check fees for a commercial checking account: $0.10 per check each for fewer than 20 checks (1-19) $0.08 each for 20–39 checks $0.06 each for 40–59 checks $0.04 each for 60 or more checks Write a program that asks for the number of checks written during the past month, then computes and displays the bank’s fees for the month. Input Validation: Display an error...
Complete the following table for a monthly bank reconciliation dated January 31. For each item 1-10,...
Complete the following table for a monthly bank reconciliation dated January 31. For each item 1-10, place an "x" in the appropriate column to indicate whether the item should be added or subtracted from the book or bank balance or not shown on the bank reconciliation 1. Night deposit made on January 31 after the bank closed. 2. A check written in February of the same year as the bank statement 3. Principal and interest on a note collected by...
C++
A bank charges $10 per month plus the following check fees for a commercial checking account: $.10 each for fewer than 20 checks $.08 each for 20-39 checks $.06 each for 40-59 checks $.04 each for 60 or more checks The bank also charges an extra $15 if the balance of the account falls below $400 (before any check fees are applied). Write a program that asks for the beginning balance and the number of checks written. Compute and...
Complete Bank Reconciliation
2. The deposits to the bank account, as recorded on the bank statement, are compared to the deposit slips retained by the company. It is noted that the last deposit, of $760, occurred after banking hours on the day of the bank statement and therefore has not been recorded by the bank on this bank statement. 3. Checks returned with the bank statement are compared to the checks written and listed in checkbook. This comparison shows that...
Make adjusting journal entries.
2. The deposits to the bank account, as recorded on the bank statement, are compared to the deposit slips retained by the company. It is noted that the last deposit, of $760, occurred after banking hours on the day of the bank statement and therefore has not been recorded by the bank on this bank statement. 3. Checks returned with the bank statement are compared to the checks written and listed in checkbook. This comparison shows...
Answer Point Value Points Earned American Credit Union First National Bank Hillsboro Bank Internet Bank ATM Charges Home bank Free Free Free Free $1 4 free then $2 per use $3 $500 $200 $5 $6 Use of service at competitor's bank Checking Account Minimum balance required to avoid fees $400 $250 Monthly Maintenance Fee $13 7 free checks, then $1 per Per Check Processing Fees Unlimited check 1. Selecting a Bank. Sean wants to open a checking account with $275....
Randy, a student, has 264$ o deposit in a new chequing
account, but Randy knows he will not be able to maintain a minimum
balance. He will not use an ATM card, but will write a large
number of cheques. Randy is trying to choose between the unlimited
check writing offered by South Trust and the low per-check fee
offered by Sun Coast. How many checks would Randy have to write
each month for the account at South Trust to...
Complete the following table for a monthly bank reconciliation dated January 31. For each item 1-10, place an "x" in the appropriate column to indicate whether the item should be added or subtracted from the book or bank balance or not shown on the bank reconciliation 1. Night deposit made on January 31 after the bank closed. 2. A check written in February of the same year as the bank statement 3. Principal and interest on a note collected by...
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