The chapter under consideration is the Chapter 5, Financial Services: Savings Plans and Payment Accounts. The chapter gives to the reader five important aspects that contribute to the understanding of the personal finances. 1. The first aspect is the selection and use of the available financial services in the market and the factors that influence the decision to select a specific financial service. The selection of the financial service depends on of the needs of the client and the convenience of fees and conditions. One of the financial services is the availability of cash. The cash is the most ...
Essays on Checking Account
5 samples on this topic
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The ending checkbook balance is 142.57. The outstanding checks include UNO Bookstore 121.38, blockbuster 6.12, parking sticker 18.50 and student fees 20.00 and the deposits in transit include 4/28 deposit of 75.00. The interest paid on the bank account was 1.15, and the service charges were 7.50. = 142.57 + 121.38 + 6.12 + 18.50 + 20.00 + 1.15 – 75.00 – 7.50 = 227.22 The cashbook ending balances tally with the cash balances of the bank statement where 227.22 is the end balance. The deposits and the outstanding cash deposit are listed as well as other all the credits in the check register which are not in ...
Introduction
The goal of this paper is to offer a plan that will help Marta deal her situation both in short-term and long-term. It covers what Marta should do today, long-term plan, services for the children, her strengths and possible safety issues.
Immediate services for Marta and her children
Marta should first report the issue to the local police to avoid suspicion since she didn’t carry the birth certificates. She should use her driving license as prove of legality and the children can also help to prove the claims. Also, Marta and children require an apartment far from her husband’s place to ensure they are ...
Background information
The advancement of information and technology has led to a significant revolution in the banking industry through the development of automated teller machines (ATM). These machines allows customers to carry out functions such as deposit of cash, withdrawal of money and securing statement of accounts. To access an ATM service, customers must have ATM cards. The respective financial institutions issue these payment cards to their customers to increase service efficiency and effectiveness (Narteh, 2013). Conventionally, customers could make long queues as they carry financial transactions from tellers. In today’s business world, ATM cards have made it possible to ...
Identity Theft
Introduction Identity theft is act of stealing an individual’s information and using it for a profit at the other person’s expense. According to research, recent studies show that thousands of people report to be victims of identity theft each year. Perpetrators of these crimes also often are not arrested because identity theft often takes time before it is realized. The rapid advance of technology in the past decade has enabled this crime. This criminal activity has threatened individual identity, privacy, and funds security. Through technology, identity has become a commodity that can be purchased since it could be ...