Answers about Certificates of Deposit

January 4, 2024

The Federal Deposit Insurance Corporation, or FDIC.

They ensure

up to $250,000 per depositor per institution until the end of 2013.

However, recently their rese

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Asked by Wiki User

Asset demand for money is dependent on interest rates.

The money

slope goes down if interest rate goes down. In contrast, money

slope goes up if interest rate g

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Asked by Wiki User

Yes.

There are no restrictions as to who can deposit cash into a

checking account. Anyone can deposit cash into anyone else’s

account as long as they know the a

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Asked by Wiki User

Liquid CDs offer consumers the opportunity to withdraw money

from the CD without incurring a penalty. The interest rate should

be higher than the bank’s money m

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Asked by Wiki User

The abbreviation "CDM" on a bank statement typically stands for "Cash Deposit Machine".A Cash Deposit Machine is a self-service kiosk that

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Asked by Wiki User

The bank staff can know the bank which the cheque came from,

and, if the cheque is genuine, they can know who is to receive the

money. They may also know who ha

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Asked by Wiki User

YepMoney market savings accounts are insured by the FDIC if the account’s at a bank.They’re insured by the NCUA if the money market account is at a credit unio

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Asked by Bresop2013

Deposited amount (P) = 10000

Rate of Interest (R) = ?

No. of Years (N) = 12

Interest Earned Formula = P * N * R / 100

Modifying the formula we get:

R = Interest

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Asked by Wiki User

Asset servicing is a “core” ongoing service provided by

custodians. This service includes collecting dividends and interest

payments, processing corporate actio

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Asked by Wiki User

Yes, as long as you are the payee, which is the person the check

was originally written to. all you need to do is put a line through

the endorsement that indica

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Asked by Wiki User

I think it is US $ 500 for a simple checking account.

The bank

would give you an ATM card and a check book for this account.

However if you arrange to have a Di

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Asked by Wiki User

Deposit Yes you can deposit a check into the account of the

person to whom the check was issued but a check is not valid unless

it is endorsed by the person who

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Asked by Wiki User

Fixed asset is a financial term, that is, in comparison to

current assets (money, bank accounts), kingslot96 fixed, which means it can’t

be easily converted to liquid asse

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Asked by Wiki User

The money might be included in the bankruptcy even is a

discharged has occurred. The time between the discharge and the

receiving of the money would be the deci

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Asked by Wiki User

constructor is called every times when we create object of class using new keywordand constructor can not be copied (vinayak shendre)

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