Question 1 Irene deposited a total of $400‚000 for a period of 5 years in two saving accounts; the first has a 5% annual interest rate and the second has a 7% annual interest rate. The interest in each account is credited to the accounts at the end of each year. At the end of the five year period Irene received a total sum of $529‚452 from both accounts. How much did Irene deposit in each of the accounts? (Hint: You can make use of “Goal Seek” tool for your answer.) Question 2 The following
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from the drawee bank who pays a check with a forged indorsement of the payee‚ debiting the same against the drawer’s account. The records show that on January 23‚ 1985‚ petitioner filed a Complaint against the private respondent Philippine Bank of Communications (respondent drawee Bank) for recovery of the money value of eighty-two (82) checks charged against the petitioner’s account with the respondent drawee Bank on the ground that the payees’ indorsements were forgeries. The Regional Trial Court
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To enable banking companies to issue preference shares subject to regulatory guidelines by the RBI; • To increase the cap on restrictions on voting rights; • To create a Depositor Education and Awareness Fund by utilizing the inoperative deposit accounts; • To provide prior approval of RBI for acquisition of 5% or more of shares or voting rights in a banking company by any person and empowering RBI to impose such conditions as it deems fit in this regard; • To empower RBI to collect information
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470 per month. He has a Self Managed Superfund with $46‚000 in cash and contributes $5‚000 p.a. Her superannuation has $57‚000 in a Capital Guaranteed Fund and she also salary sacrifices $5‚000 p.a. They have a savings account with $10‚000 for emergencies. He has a term deposit for $5‚000 in case he needs cash for the business. She has a share portfolio valued at $27‚500 which was valued at $27‚400 when she inherited it from her mother 4 years ago. There are two personal loans; her car‚ with $25
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the Balance of Grace Eyang account was ¢10000 in credit and that of Mr Eyang account was ¢8500. Also Grace Eyang and Mr Eyang had a joint account deposit account with a balance of¢25000 in credit. Upon her request‚ the balance on Mr Eyang current account and the balance in the joint account were transferred to a new account in Grace Eyang’s name and the account was name Nō 2. She claimed she would use the account to pay the hospital bills and to settle household account outstanding. You took over
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Warehouse‚ which consisted of many and various laboral activities. Loya Insurance Marietta‚ GA & Norcross‚ GA Office Assistant Manager Office March 2012- June 2013 Manged offie responsible for opening and closing and making daily bank deposits. project leader and reponisble for the outcome and well execution of the marketing projects. Helping manager with office and staff handeling duties‚ being able to step into the managers possition when need and told. Daily interaction with cutomers
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– 3 months). P1‚000 / P3‚000 / P5‚000 P.O. Loan P.O. cards/Gift Certificates worth P3‚000 & P5‚000 acceptable in Gaisano Malls‚ SM‚ CoopCENTRUM Special Loan Seasonal type of loan. P2‚000 payable in 3 months Time Deposits Placement with specified maturity date Savings Deposits Interest earning and withdrawable anytime Kiddie Savings Rewards young savers with yields each month LEMCO Care
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Code: Centre Code: Category: Name (Block letters) : ……………………………………………… Address (Block letters): …………………………………………… ……………………………………………………………………..… Deposit Amount: Date: Deposit Fee Amount ………………………………………………. (in words) Phone/Mobile Number: Deposit Amount: Date: Deposit Fee Amount ………………………………………………. (in words) Phone/Mobile Number: Deposit Amount: Date: Deposit Fee Amount ………………………………………………. (in words) Phone/Mobile Number: APPLICANT SIGNATURE __________________________________________________ For
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CREDIT TRANSACTIONS Credit Transactions include all transactions involving the purchase or loan of goods‚ services‚ or money in the present with a promise to pay or deliver in the future. Since science and technology has made our lives easier and more convenient‚ it paves way for less security in the long haul. There are two main advantages that these credit transactions give: 1. Credit Transactions can be used anytime and at any place for buying goods and services that will be paid in
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