Which of the Following Is True About Disbursement Float

question 64

Multiple Choice

Which of the following is true about disbursement float?

• A) Funds are collected and credited to an account.
• B) Funds are deposited to a checking account immediately when a check is written.
• C) Funds are collected and debited to an account.
• D) Funds are removed from the checking account immediately when the check clears the checking account.
• E) None of the above.

Determine the value of regular contributions to savings plans over time, taking into account compound interest.

Calculate and compare the future and present values of annuities with varying payment intervals and interest rates.

Understand the concepts of ordinary general annuity, and its application in financial decisions.

Estimate the economic impact of changing payment frequencies on investments and loans.

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