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Banks that offer their services exclusively through the web are called: O a. Retailer banks b. Online banks O c. Modern banks d. Brick and

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Banks that offer their services exclusively through the web are called: O a. Retailer banks b. Online banks O c. Modern banks d. Brick and mortar banks Chase Bank issued a Guarantee for Mr. Marley needed in his business by an amount of $34,000 for a period of nine months starts on August 1, 2014. The bank charged him insurance 30% of the Guarantee, in addition to 1% commission and $100 stamps. What is the amount will be recorded as guarantee fees when guarantee issued? a 255 b. 340 c. 141.6 d. 113.3 Next page ten w 99- ENG

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