0
Still curious? Ask our experts.
Chat with our AI personalities
Maxine
Professor
SteveAdd your answer:
Earn +20 pts
How would one go about converting currency?
It is best to convert currency at a local bank. The bank teller can help in converting money without any problems. At the bank people won't have problems at all.
Why don't bank's hold 100 percent reserves?
The bank uses your deposited money to give out loans. They then use the interest on those loans to pay you a slightly smaller interest rate on your deposition, and skim 1-2% for their own profit. In short, when you put your money into a savings account, you are telling the bank to loan your money to qualified borrowers. If a bank kept a 100% reserve, they would be unable to pay you any interest on your savings, and they would be unable to make any profit. You'd might as well just burying you savings in a hole in the back yard.
What is the difference between an account number and a routing number?
Account numbers are like a cumstomer ID specific to the customer and the routing number is specific to the bank, sort of a bank ID. For electronic funds transfers, the routing number lets them know what bank the money is going to and then the account number lets them know the person the money is going to at that bank. The routing numbers are typically nine digits and usually the first set of numbers (from left to right) at the bottom of a check, then followed by either the check number or the person's account number.
How much is 0.049 in us money?
Oh, dude, 0.049 is like 4.9 cents in US money. So, you know, not exactly breaking the bank with that amount. Maybe you can treat yourself to a single gumball or something equally extravagant.
How many linear feet does a bundle of starter shingles?
Depending on which manufacturer of starter shingles you prefer, you will get 100 linear feet, give or take a couple of feet for some brands. If using 3-tab shingles as a starter shingle, you will get roughly 78 linear feet per bundle.
