Tags Computers Computer Terminology Banking Algebra

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Math>Math & Arithmetic

What is the role of computers in banks?

Anonymous

∙ 17y ago

Updated: 11/3/2022

To be able to keep up with the amount of money coming in and out of the bank help keep up with the money and to be able to access customers accounts and tell them how much money they have with out having to go pull a big file and calculate how much.

Wiki User

∙ 17y ago

Still curious? Ask our experts.

Chat with our AI personalities

Rafa

There's no fun in playing it safe. Why not try something a little unhinged?

Chat with Rafa

Coach

Success isn't just about winning—it's about vision, patience, and playing the long game.

Chat with Coach

Jordan

Looking for a career mentor? I've seen my fair share of shake-ups.

Chat with Jordan

Add your answer:

Earn +20 pts

Q: What is the role of computers in banks?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Math & Arithmetic

What is role of mathematics in computers?

It tells you the answer so you don't waste paper

Banks that compound interest?

All banks do this.

Importance of statistics in the field of banking and finance?

In Banking:Statistics play an important role in banking. The banks make use of statistics for a number of purposes. The banks work on the principle that all the people who deposit their money withthe banks do not withdraw it at the same time. The bank earns profits out of these deposits by lending to others on interest. The bankers use statistical approaches based on probability to estimate the numbers of depositors and their claims for a certain day.

Role of computer in engineering?

In engineering, computers are used for Computer-Aided Design (CAD). CAD helps quicken the process of designing engineering models and ensures the prototype is perfected before production commences.

How does math connect with computers?

Math connect to computers by... Games like math games, math websites, the computers caculator's etc.

Trending Questions

What is the lcm of 52 and 78? How do you write 7.998 million in standard form? Equate 60000 dollars a year per week? What is the remainder upon dividing the sum 1 plus 2 plus 3 plus 2008 plus 2009 by 6? The sum of three times a number plus 15 is 75 Find the number? How a -0 is represented in double precision floating point number? How many feet are in 117 inches? How many grams of KCl need to make 1000 ppm solution? What are the rules for subtracting and adding radicals? Choose the negation of this statement A is a right angle? Where do i find Present value analysis? Can you give me a program that will compute number 1 to 5? What is spectrum of nil potent matrix? A plane is uniformly accelerated from 60 ms to 80 ms in 12 seconds what is the distance traveled by the plane during this period? How many inches is 33 feet? Can 14700 be divided by 5? What is 249 in expanded form? What is 0.3 centimeters x 0.1 centimeters x 0.1 centimeters? How can you write the biggest number by using 4 1's? What is 0.0078 as a percent?

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.