Banca Electrónica | Banjercito (2024)

FAQs

What features should Tamir tell Janet? ›

Expert-Verified Answer

Tamir should advise Janet to select a checking account with favorable features such as mobile banking, customer service, account fees, and convenient ATM locations, while considering any interest rates if certain account balances are maintained.

4. How might Janet organize her accounts so she can separate out her savings from her “wants?” She could first set aside money for her savings and things that are necessary that she would need right then. Then she could use the other money to buy things that she wants sometimes.

Which of these four banking options is probably best for Janet? Why? Joint Accounts because Janet is 16 which makes her a minor and so this would be the best option until she can open her own checking account.

Expert-Verified Answer

Janet should be concerned about overdraft fees, and she should practice balancing her checkbook regularly to avoid such fees. Overdraft fees are costly, and proper budget management can prevent unnecessary charges.

Expert-Verified Answer

Janet should open her checking account at a bank that aligns with her needs and offers the best overall value when considering services, fees, convenience, and reputation.

Final answer: Janet should research different loan options, create a repayment plan, and consider the risks before deciding how to structure her loan for the trip to South America.

Using credit unwisely can jeopardize your financial goals. When Janet has lunch or dinner at a nice restaurant, she uses her credit card to pay for the meal and tip. Janet is using her credit topurchase nondurable (short-lived) goods and services. Janet will pay for her meals long after they are over.

Poorman suggests the popular 50/30/20 rule of thumb for paycheck allocation: 50% of net pay for essentials: groceries, bills, rent or mortgage, debt payments, and insurance. 30% for spending on dining or ordering out and entertainment. 20% for personal saving and investment goals.

Concept 86: Four Cs (Capacity, Collateral, Covenants, and Character) of Traditional Credit Analysis. The components of traditional credit analysis are known as the 4 Cs: Capacity: The ability of the borrower to make interest and principal payments on time.

In 2001 the institution merged with Founders National Bank of Los Angeles, of which the majority owners were former professional basketball player and businessman Earvin "Magic" Johnson, musician Janet Jackson, and former Motown Records President Jheryl Busby. Boston Bank of Commerce rebranded as OneUnited Bank.

What is the 5 banking method? ›

The high-5 banking method can be utilized best as a work in progress. You can work your way up to five accounts, starting first with the two checking accounts — one for your bills and one for your lifestyle — and a savings account to act as your emergency fund.

YOU ARE PART OWNER. Credit unions are owned and controlled by the people, or members, who use their services. Your vote counts. A volunteer board of directors is elected by members to manage a credit union.

Answer: Option C is the correct answer. Step-by-step explanation: The following statement should not be one of Macky's reasons for choosing a bank - The first bank Macky considered offered a chance to win a prize upon opening an account.

Ursula's misunderstandings about how checking accounts and checking cashing at Walmart would work is that the only reasonable fact that she is getting overdraft fees is due to the fact that she keeps spending a lot of money than what she has inside her account.

Expert-Verified Answer. The statement that gives the best reason for considering personal needs, values, and circ*mstances in selecting a bank account is: This information can lead to a better match between account features and the person's needs.