Focus on Personal Finance (6th Edition)

Chapter 4

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Online banking refers to internet banking in which... more

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Points to remember while using a prepaid debit ... more

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SavingsAvailability of cash and payment ... more

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The financial services are:Withdrawing cash from ... more

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Change in interest rate affects the choice of ... more

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The primary financial service of a commercial bank... more

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The factors that impact the selection of a bank ... more

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The factors considered while selecting ... more

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Associations that deal in loans and savingsCredit ... more

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Check cashing outlet is a type of store that is ... more

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Bank location is the least important factor for an... more

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A five year CD will be preferred over an 18 month ... more

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Not saving the money does not lead to any ... more

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For improving the savings attitude and habits, an ... more

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An individual needs to analyze the interest rates ... more

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The savings plans are:Regular savings ... more

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A money market account is a savings account having... more

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An increase in inflation and taxes reduces the ... more

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Liquidity states the amount of liquid assets or ... more

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The companies which deal with monetary and ... more

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A regular checking account provides the benefit of... more

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Whenever selecting a checking account, some points... more

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Certified checks may be used to pay fines and ... more

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$345 ; Calculate the adjusted bank statement ... more

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Yes, an individual must set aside some amount for ... more

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5.35% ; Divide the interest of $174 by the ... more

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3.57% ; Deduct the tax rate of 0.15 from 1 and ... more

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$2,292.8 ; Multiply the service fee charged by the... more

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$1,296 ; Multiply the monthly fees by the number ... more

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1.3 ; Divide the total weeks in a year by the ... more

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7% ; Divide the interest, $56, by the principal, $... more

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Tax free yield that provides 7% is a greater ... more

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$31,000 ;  Calculate Individual J's share in the ... more

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$166.67 ;  Calculate the annual interest by ... more

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$9 ; Multiply the amount of minimum balance, $300... more

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 $628 ; Subtract the outstanding checks from the ... more

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Online banking provides all necessary services, ... more

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Joining a credit union is easy. It includes some ... more

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The people who use the services of pawnshops, ... more

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For Certificate of Deposits (CD), the current ... more

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Students need to visit a retail store and observe ... more

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The potential benefits are:Mobile banking: Usually... more

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Person M will adopt a banking service after ... more

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Research related actions should be adopted, such ... more

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The financial responsibility of J is to firstly ... more

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If J notifies  the financial institution after  ... more

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Overdraft protection service ; Financial ... more

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The individual may pay bank charge for overdraft ... more

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The food and transportation expenses that form a ... more

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The types of financial services provided by ... more

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The different types of savings account are:... more

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The plan of action to achieve saving goals are:To ... more

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