Somebody answer how does financial services eg banking contribute to the economy?

Answers

Answer 1

Answer:

Banks play an important role in the economy by offering a service for people wishing to save. Banks also play an important role in offering finance to businesses that wish to invest and expand. These loans and business investment are important for enabling economic growth.

The financial services sector is the primary driver of a nation's economy. It provides the free flow of capital and liquidity in the marketplace. When the sector is strong, the economy grows, and companies in this industry are better able to manage risk.

Step-by-step explanation:


Related Questions

Write in standard form. (Use Desmos)* 9.76x10 with a 5 on top of the ten​

Answers

Answer:

976000

Step-by-step explanation:

Why

Please help me on this.

Answers

Answer:

D

Step-by-step explanation:

A local city collects 8% sales tax. If the
total purchase was $216.00, then how
much was collected for sales tax?

Answers

Answer:

156.00

Step-by-step explanation:take away 8% sales tax away from it

HELP PLEASE 15 POINTS

Answers

The answer is c hopefully it helps you

Find the mean, median, mode and range of [96, 103, 98, 101, 98, 100, 100, 97, 98, 100

Answers

Answer:

median-99

mean-99.1

mode-100

range-7

Step-by-step explanation:

i need help please i will mark u brill

Answers

Step-by-step explanation:

25 - ( 9 - 4.3 ) = 25 - 5.3 = 20.7 ●

Answer:

false

Step-by-step explanation:

rewrite this with 4.3 in place of y first

25 - (9 - 4.3) = 20.7

    25 - (4.7) = 20.7

      25 - 4.7 = 20.7

      25 - 4.7 = 20.3

           20.3 ≠ 20.7

false

hope this helped! good luck matey

-cheesetoasty

Find a fraction that, when multiplied by 1/3, is less than 2/7. Justify your answer.

Answers

Step-by-step explanation:

[tex]x < \frac{6}{7} [/tex]

All the fractions which less than (6/7) will be true

The steps of the solution in the above photo

I hope that is useful for you :)

Answer:

1/2 times 1/3

Step-by-step explanation:

Multiply  them and you get 1/6 which is less than 2/7.

Farmer Jones owns a triangular plece of land.
The length of the fence AB is 150
m.
The length of the fence BC is 231 m.
The angle between fence AB and fence
BC Is 1239.

How much land does Farmer Jones own?

Write the whole number
numeric value only

Answers

155 is your answer lmk if you need anything else

  help needed pls

Answers

A: alternate angles B: corresponding angles C: vertical angles

Please help me with the two column proof
Part 2B

Answers

Answer:

Step-by-step explanation:

I can't read the diagram well enough to tell you how exactly this should be done and I've been reprimanded a couple of times for using comments to solve problems, but this much I can tell you.

You need 2 angles

One comes from vertical angles being equal.

the other comes from the other end of the line that is bisected. Be careful to chose this angel. The two angles are equal because the lines are parallel.

Now what you have is ASA which always proves congruency. AAS should never be used if you can avoid it. If you search out AAS on the internet you will find long discussions on why AAS should never be used.

In this case it will work but even if it does, it should be avoided because you may run into questions where there are conditions that make AAS incorrect. Even if you are told it is OK in your lessons, you should not do it.

lecture ends.

Sorry.

someone help me, is this correct ?

Answers

Answer:

no!!

Step-by-step explanation:

it's b!! simply solve for y by subtracting both sides by 3x and then dividing both sides by 2

Answer:

its b your answer choice is wrong

ANSWER THE QUESTION FOR BRAINLIEST
ANSWER THE QUESTION FOR BRAINLIEST

Answers

Answer:

Jeremy.

Step-by-step explanation:

Kevin has a rate of 11.5 miles per hour. Jeremy got 15 miles a hour. So it is obviously Jeremy biked faster

Answer:

I think the answer is Jeremy.

Step-by-step explanation:

what three terms in geometry are undefined terms

Answers

Answer:

In Geometry, we have several undefined terms: point, line and plane. From these three undefined terms, all other terms in Geometry can be defined.

Step-by-step explanation:

hope i helped plz mark me brainlest;(

Answer:

point, line and plane.

Step-by-step explanation:

all other terms in Geometry can be defined.

Estimate the product 28 2/3 x 4/5

Answers

Answer:

23.2, exact is 22.9333334

Step-by-step explanation:

28 2/3 is around 28.5 ,4/5 is .75

28.5 * .75 = 21.375

What is the area of this face?
10 in.
20 in.
5 in.
10 in.
10 in.
5 in.
10 in.
answer choices
400 in
150in
100in
200in

Answers

Answer:400 in

Step-by-step explanation:

How many feet tall is the ladder? Picture is in the jpg. Ples help :(

Answers

Answer:

25

Step-by-step explanation:

you use pythagorean theorem

do 24^2 + 7^2 and that gets you 625.

next square root the number to get 25

Answer:

17

Step-by-step explanation:

A savings account starts with $231 25. After 8 years of continuous compounding at an
interest rate the account has $1850.
What is the interest rate percentage?
Round the answer to the nearest hundredth.
Enter your answer in the box

Answers

Answer:

87.5%

Step-by-step explanation:

Took the k12 math test

A savings account starts with $231 25. After 8 years of continuous compounding at an interest rate of 87.5% the account has $1850.

What is Compound interest?

Compound interest is a method of calculating the interest charge. In other words, it is the addition of interest on interest.

Compound Interest = P(1+r/n)^rt

A savings account starts with $231 25. After 8 years of continuous compounding at an interest rate the account has $1850.

Compound Interest = P(1+r/n)^rt

[tex]\rm 1850 = 231 25 (1 + r/12)^{96}[/tex]

[tex]\rm 1850 = 231 25 (1 + r/12)^{96}\\\rm 1850 /231 25 = (1 + r/12)^{96}[/tex]

r = 87.5%

Thus, the interest rate percentage is 0.87 rate per year.

Learn more about interest;

https://brainly.com/question/4128149

I need help please ?!!!!

Answers

The answer to the question is (a) -44

100 POINTS!!

zapata junior high is considering changing its school colors. the results of a survey show that 20 of 36 students are in favor of the change. which is the best prediction for the number of students in the entire body of 1,200 students who are in favor of changing the school colors?

A. 50
B. 400
C. 660
D. 530

Answers

Answer: C

Step by Step Explanation: The answer is 660

The number of students in the entire body of 1,200 students who are in favor of changing the school colors is, 660

What is Proportional?

Any relationship that is always in the same ratio and quantity which vary directly with each other is called the proportional.

We have to given that;

The results of a survey show that 20 of 36 students are in favor of the change.

Now, Let number of students in the entire body of 1,200 students who are in favor of changing the school colors is, x

Hence, We can formulate;

⇒ 20 / 36 = x / 1200

⇒ 5 / 9 = x / 1200

⇒ 1200 × 5 / 9 = x

⇒ x = 6000 / 9

⇒ x = 660

Thus, The number of students in the entire body of 1,200 students who are in favor of changing the school colors is, 660

Learn more about the proportion visit:

https://brainly.com/question/1496357

#SPJ2

Does anyone know what the answer please!?????????

Answers

Answer:

-5<x<9

Step-by-step explanation:

Within a triangle, the greater an angle, the greater the length of opposite side. So, since we know that 42° gives an opposite side of 23, and (3x+15)° gives an opposite side of 21, (3x+15) must be less than 42:

3x+15<42

3x<27

x<9

We also know that the angle (3x+15)° cannot equal zero or less than zero. So find x when 3x+15=0, and note that our value for x must be greater than this:

3x+15=0

3x=-15

x=-5

so, -5<x

Put both parts together to get: -5<x<9

Abag contains 2 Snicker
bars, 8 Trix bars, and 5
Crunch bars. A candy bar
is chosen, replaced, then
another is chosen. What is
the probability of choosing a
Trix bar then a Crunch bar?

Answers

Answer: the probability will be 3 because 8-5=3 and there was 8 trix bars and 5 crunch bars and which means it will be 3

Step-by-step explanation:

Graph the line with slope - 2 passing through the point (1, -5).​

Answers

Answer:

The graph is attached

Step-by-step explanation:

Answer:

y = -2x - 3

Step-by-step explanation:

**hopefully the picture helps it to make sense**

good luck

i hope this helps

brainliest would be highly appreciated

have a nice day!

Comet ate 4 kilograms of willow leaves.How many grams of willow leaves did comet eat?

Answers

Answer:

4000 grams.

Step-by-step explanation:

Answer:

4000 grams

Step-by-step explanation:

1 Kilogram = 1000 grams

So, 4 Kilograms = 4000 grams

Pleaseee helpppppp!!!

Answers

Answer:

y=3/2

Step-by-step explanation:

Ben can use 3 cups of flour to make 2 batches of cookies. If he has 6 cups of flour, then how many batches of cookies can he make?

Answers

Answer:

4 batches of cookies

Step-by-step explanation:

here's the question ​

Answers

Answer:

60

Step-by-step explanation:

perimeter (p) = 8 + 17 + 15 = 40

semi-perimeter (s) = p/2 = 20

Area = square root of s(s-a)(s-b)(s-c) where a,b,c are the sides of the triange by Herons formula.

Therefore, area = 20(20-8)(20-15)(20-17) = square root of 3600 = 60

Write an explicit formula for an, the n^th
term of the sequence 2, 4, 6, ....

Answers

Answer:

[tex]a_n=2n[/tex]

Step-by-step explanation:

The given sequence is 2, 4, 6, ....

We need to write an explicit formula for [tex]a_n[/tex]. The firts term is 2, second term is 4 and third term is 6 and so on.

Each term is 2 greater than the term before it. Thus we can write it as follows :

[tex]a_n=2n[/tex]

Where

n = 1,2,3....

Hence, the explicit formula is [tex]a_n=2n[/tex].

HELP PLZ!

The Fluffy Lump Cat Toy Company rents a warehouse facility. There
is a fixed cost of $1200 a month for rent and a variable cost of $5 per box of
toys that are stored. If the total cost for this month was $1315, how many boxes
of toys are being stored?

NO LINKS

Answers

Answer:

23 boxes of toys are being stored.

Step-by-step explanation:

There is a fixed cost of $1200 a month for rent and a variable cost of $5 per box of toys that are stored

This means that for x boxes of toys stored, the total cost is of:

[tex]C(x) = 1200 + 5x[/tex]

If the total cost for this month was $1315, how many boxes of toys are being stored?

This is [tex]x[/tex] for which [tex]C(x) = 1315[/tex]. So

[tex]C(x) = 1200 + 5x[/tex]

[tex]1315 = 1200 + 5x[/tex]

[tex]5x = 115[/tex]

[tex]x = \frac{115}{5}[/tex]

[tex]x = 23[/tex]

23 boxes of toys are being stored.

Answer please and explain

Answers

Answer:

18.84956, 18.84 if rounded to the nearest hundredth, and 18 if rounded to nearest whole number.

Answer:

Step-by-step explanation:

AABC ~ AQRS
Find the missing side length, n.
R.
B
6
4
8
S
n
n = [?]
Enter
will give brainliest

Answers

Answer:

12

Step-by-step explanation:

6/4 is equal to 1.5, multiply that by 8 and you get 12

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