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Banking

Bank Comparison

Subject: 
Economics
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Finance
Financial services
Banking
Financial economics
USAA
Bank
Deposit account
Credit card
Savings account
Debits and credits
Business

M3 A2 Eric Mackey Which bank is Best Step 1: Using the large National Bank, the Regional/Local Bank, and the Credit Union you identified in the Module 1 Assignment 2, compare and contrast each institution by completing the Module 3 Assignment 2 template. Step 2: Once you have completed the Module 3 Assignment 2? template, create a financial portfolio. This financial portfolio is a professional one. Please follow the following instructions when preparing it: Identify, describe, and explain the financial institution that would be the best fit for you. Be sure to justify your selection by referencing the information collected in your completed template.

AP Economics Chapter 4 and 6 notes

Subject: 
Economics
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Financial economics
economics
Finance
Banking
Financial institutions
Debt
Mortgage industry of the United States
Credit card
Bond
Interest rate
Certificate of deposit
Savings and loan association
Business

Chapter 4 Notes, Economics Sect 1 Credit: the receiving of funds either directly or indirectly to buy goods and services today with the promise to pay for them in the future. The amount owed ? the debt ? is equal to the principal plus interest Principal: the amount originally borrowed in a loan Interest: the amount the borrower must pay for the use of someone else?s (the bank?s, credit union?s, stores, etc.) funds. Installment Debt: one of the most common types of debt today. Consumers repay this type of loan with equal payments, or installments, over a period of time. Ex. 36 equal payments over 36 months Durable Goods: manufactured items that last longer than 3 years, on an installment plan. Many are bought on an installment plan.
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