MATHEMATICS MIDDLE SCHOOL

What is the type of fee charged for withdrawing money from a CD before thedate of maturation?
O
O
O
A. FDIC fee
B. Early redemption fee
C. Liquidity fee
SUBMIT
PREVIOUS

Answers

Answer 1
Answer:

The type of fee charged for withdrawing money from a CD before the date of maturation is Early redemption fee.

We have to determine the type of fee charged for withdrawing money from a CD before the date of maturation.

We have given

A. FDIC fee

What is the FDIC fee?

It required the largest taxpayer bailout in the year 2008 financial crisis, explained in a footnote on its schedule of fees for business accounts in the nation's  states that it charges an FDIC insurance fee at the annual rate of 13 cents per $100.

It related to insurance so it is not correct option.

B. Early redemption fee

The fee  may be required to make to a lender if we pay off a loan or mortgage before the scheduled term of the credit facility.

So the Banks and credit unions often charge a fee if you withdraw money before maturity.

Therefore the Option B is correct.

C. Liquidity fee

This is nothing but the  liquidity facility providers that the borrower may from time to time agree to pay.

Therefore this is not correct option

To learn more about withdrawing money from a CD visit:

brainly.com/question/1196494
Answer 2
Answer:

Answer: early redemption fee

Step-by-step explanation:

Related Questions

What is:3/4+ 1/2+ 6/8+ 1 whole and 1/2And if you can, solve the attachment to this question!! (It would be a BIIIIIIIG help)
a bank contains 27 coins consisting of dimes and quarters. the coins have a total value of $4.95. Find the number of dimes and quarters in the bank.
WILL BE MARKED BRAINLIEST.Find the slope-intercept equation of the line that has the given characteristics. Slope -2 and y-intercept (0,7)
What is 35% as a fraction?
Help I don’t know how to do this

You are playing a game in which each player wins, loses, or daws(ties) at each turn. For each turn won, you are awarded 5 points. If you lose the turn, you lose 5 points, if it is a draw, you get 0 points. For the first dozen rounds, you had the following results: win, win draw, win, lose , lose , win, lose, draw,lose , lose,lose. What was your point total for the rounds ???

Answers

-10 because you lost twice more than you won.

a number is multiplied by 2. then that product is multiplied by 5. write to explain how you know what digit is in the ones place of the final product

Answers

If the number is a multiple of 2 and 5, it must also be a multiple of 10.

Al multiples of 10 end with a 0 in the ones place.

Final answer:

Multiplying any number by 2, and then by 5, results in the final product ending in 0, regardless of what the initial number was.

Explanation:

The question is about the identification of the digit in the ones place when a number is initially multiplied by 2 and that product is further multiplied by 5. Firstly, we know that any number multiplied by 2 will either end in 0, 2, 4, 6, or 8. This is because all multiples of 2 are even. Secondly, consider the product of this number (which may end in 0, 2, 4, 6, 8) being multiplied by 5. Any number ending with any of these digits, when multiplied by 5, will result in the product ending with 0. Hence, regardless of the initial number, multiplying it by 2 and then by 5 will result in a final product whose digit in the ones place is 0.

Learn more about Multiplication of Numbers

brainly.com/question/10873737

#SPJ2

Find the mean 10,12,17,14,20,27,24,28,28

Answers

Hi Kimberlys969pdrfzz,

Question:

Find the mean

Mean - "The mean is the average of the numbers: a calculated "central" value of a set of numbers. To calculate it: add up all the numbers, then divide by how many numbers there are."

Solution:

(10 + 12 + 17 + 14 + 20 + 27 + 24 + 28 + 28)/(9) = (180)/(9) = 20

Answer:

Mean = 20

Hope This Helps!

10 + 12 + 17 + 14 + 20 + 27 + 24 + 28 + 28 = 180/9 = 20

mean: 20

What does r equal in 4r+5=3r

Answers

4r+5=3r can also be written
4r=3r-5
1r=-5

Solve this bidmas
2+3×5

Answers

first multiply 3 and 5 and you get 15 plus 2 is 17.
3 x 5=15
15+2=17

The answer is 17.

Plz solve 7 8 9 and 10

Answers

7)3070m
8)4620.50m
9)370cm
10)2720m
Other Questions
a cubic yard of topsoil weights 4128 pounds about how many 50-pounds bags of topsoil can you fill with one cubic yard topsoil
Simplify the ratio 24/56
Describe the errors in the work. Then find the correct answer.-0.65(2) = -0.6(2) + 0.05(2)= -12 + 0.05(2)= -12 + 0.1= -11.9
the mobile company charges $180 for an hour of service how many dollars are customers charged every minute