Question
1. Total costs for an ACH = $3.00 Total costs for a wire transfer = $30.00 Annual earning rate = 2% Wire transfer accelerates funds
1. Total costs for an ACH = $3.00 Total costs for a wire transfer = $30.00 Annual earning rate = 2% Wire transfer accelerates funds three days faster than an ACH
A What is the break-even wire transfer amount?
B)What is the $ benefit of using wire if the transfer amount is $250,000?
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Get StartedRecommended Textbook for
Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
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