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Question 6 If you deposit a $5,000 to a time deposit account for a period of 8 months starting at July first, at an interest
Question 6 If you deposit a $5,000 to a time deposit account for a period of 8 months starting at July first, at an interest rate of 9%, the interest expense that will be recognized by the bank for the next period is? Not yet answered Marked out of 1.00 O a. 262.5 O b. 225 O c. 75 O d. 450 Flag question Question 9 Asking the bank to withhold payment on a check you have written, you do not want this check to be paid, this is called? Not yet answered Marked out of 1.00 a. stop payment order O b. deposits in transit O c. Bank service charge O d. bank overdraft P Flag question The guarantee expired by either passing the due date or paying off all the amount? Question 10 Not yet answered Marked out of 1.00 O a. TRUE O b. FALSE P Flag question Instructions given by a business to a bank to pay specified amounts at given dates Question 12 Not yet answered Marked out of 1.00 O a. bank overdraft O b. outstanding checks O c. dishonored checks or (NSF) O d. standing order P Flag
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