That depends whether the bank is giving you simple interest or compound interset and if it is compound interest is it compounded daily, monthly, quarterly, halfyearly and so on. Assuming it is simple interest, at the end of the year will have 100 + 2 = 102 dollars.
$4.63
128.75
"Opening a swiss bank account can be free, however, there is a fee to withdraw your money from a free account. This fee can be 1 or 2 percent depending on the bank."
If a customer deposits $10,000 into a bank and the bank retains 20% to cover withdrawals, it will keep $2,000. This means the bank can lend out the remaining 80%, which is $8,000. Therefore, the bank would be capable of lending $8,000 to an eligible loan applicant.
If a customer deposits $10,000 into a bank and the bank retains 20% to cover withdrawals, it will hold $2,000 in reserve. This means the bank can lend out the remaining $8,000. Therefore, the bank would be capable of lending $8,000 to an eligible loan applicant.
If a customer deposits $10,000 into a bank and the bank retains 20% to cover withdrawals, it will hold onto $2,000. This means the bank can lend out the remaining $8,000 to eligible loan applicants. Therefore, the bank would be capable of lending $8,000 from that deposit.
depends on the skill of the robber and how much money the bank has -.-
If a bank is FDIC insured then it would be up to $250,000.00 To find a bank that is insured by FDIC go to the link below
it would depend on what there income is and what they spend per month ...
The interest on 700.00 since 2002 would really depend on what the percentage of the bank is. If interest was 10 percent you would have $2196.90.
You would need 6000/0.04 = 150,000.
5000 dollars