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offer short term loans to businesses and consumers but at much higher rates
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
to start a commercial bank you simply need to have a location and enough money to fund deposits
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
who do the banks go to for their banking needs?
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
provide protection against things like fire and theft. These also provide loans to businesses and consumers
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
the bank agrees to lend a specific amount of money to be used at any time for any purpose. Always available
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
the only thing you should even consider going into debt for is....
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
what did we make in excel that showed every single payment over the life of the loan?
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
which of the following is not done by the federal reserve?
line of credit
false
the fed
insurance companies
finance companies
amortization table
something that will increase in value
cash checks for you
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