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16 $3,250 deposited in an account that earns 3.5% for ten years, compounded annually 3,966.67 b. 3,976.22 Ahal Another question from Chapter 5. Watch the word "compounded". So far 4,106.32 we can assume compounding is annual. The next few quizzes are going to 4,250.25 introduce frequency of compounding more than annual 4,584.45 17 This institution oversees commercial bank activity and provides depositors Insurance a. the National Association of Security Dealers Automated Quotation System (NASDAQ) b. the Securities and Exchange Commission (SEC) c. the Federal Reserve Bank d the Federal Open Market Committee (FOMC) Other Types of Financial Institutions the Federal Deposit Insurance Corporation (FDIC) 18 Income earned by selling goods and services is/are a. fixed assets b. current assets c. dividends You will need to differentiate between an ordinary expense, and a capital expense d capital gains https://costsegexperts.com/ e ordinary income 9 A bond issued by a Japanese based company in another country like France, and denominated in Yen is a. a Japan bond b. a Yen bond c. a foreign bond Which cities around the world are considered "Money Centers" d a eurobond Most of the worlds financial activity is concentrated in which time-zone? e a straight bond Financial institutions such as commercial banks provide services called (best answer) a. bankruptcy b. financial planning c. Insurance sales d financial intermediation e agency