Questions 5,6,7

Question Completion Status: QUESTION 5 Use the following assumptions to determine the monthly earnings credit. Ledger Balance = $500,000 Deposit Float-$100,000 Earnings Credit Rate = 0.50% Days in Month 30 days Reserve Requirement Ratio-10% a. 147.95 b. $184.93 c. $221.92 d. $132.87 QUESTION 6 The numbers on the bottom area of a check which shows the bank identification number are known as the 0 a. transit routing number b. scanning image number c. batch settlement number d. check imaging number