A balance is a minimum balance that must be maintained by borrower in savings account to offset a portion of the cost that a bank faces when extending a loan to a business.
compensating

Question

24-11-2022
Business

contestada

A balance is a minimum balance that must be maintained by borrower in savings account to offset a portion of the cost that a bank faces when extending a loan to a business.
compensating

Respuesta :

Otras preguntas

This question has two parts. First, answer Part A. Then, answer Part B. Part A Fill in the blank question. Cassie wants to purchase a pair of binoculars that is

the family help one another during this pandemic for ____

what is the answer to this question? posted a picture for better understanding:)

write the plural of each noun. 1 child ______________ 2 friend _____________ 3 baby ______________ 4 lunch ______________ 5 bike ________________

Who was Albert Einstein?byee

1. The acceleration equation of a certain particle is a=2t, after 4s, its velocity reaches 20m/s, then the initial velocity of the particle movement is ) ms B S

Expand using identities: (i) (2x- 5y)² (ii) (11a + 2) (11a – 2) (iii) (7m + 3) (7m + 3)

What common method was used by Paleo-Indians to hunt large mammals?

This photo depicts modern-day Cuba. Modern-day Cuba. A 1950's car sits parked along a street. How does this picture illustrate an effect of national security po

A salesperson's commission rate is 4% what is the commission from the scale of 39,000 worth of furnaces? Suppose sales would double. What would be true about th

Yogeshkumari Yogeshkumari · Answer 1 · 2022-12-07T08:24:24+01:00

A balance is a minimum balance that must be maintained by borrower in savings account to offset a portion of the cost that a bank faces when extending a loan to a business will be compensating.

Savings account:

According to the the banking term, saving account means a deposit account opted for by many who wish to save a certain part of their earnings.

Given,

Here we need to find the a balance is a minimum balance that must be maintained by borrower in savings account to offset a portion of the cost that a bank faces when extending a loan to a business.

In order to find the minimum balance, we have to know the definition of borrower, here borrower is the person who can be a person or organization that borrows something, especially money from a bank.

Here the loan is extending then amount of loan is compensating with the business.

To know more about Savings account here.

https://brainly.com/question/1446753

#SPJ4

A balance is a minimum balance that must be maintained by borrower in savings account to offset a portion of the cost that a bank faces when extending a loan to a business. compensating

Respuesta :

Otras preguntas

A balance is a minimum balance that must be maintained by borrower in savings account to offset a portion of the cost that a bank faces when extending a loan to a business.
compensating