Examlex
A car goes around a banked curve of radius 1.2 km and with angle è = 4°. What is the safest speed (in km/h) going around the curve if the road is icy?
Account
A record or statement of financial expenditure and receipts relating to a particular period or purpose or the contractual arrangement under which an entity manages the funds of another.
Collection Float
The delay between when a check is deposited into a bank account and when the funds are available to the depositor, affecting cash flow.
Cheques
Cheques are financial instruments that order a bank to pay a specific amount of money from a person’s account to the person in whose name the cheque has been issued.
Deposit
Money placed in a financial institution for safekeeping, which can earn interest and is often used to secure transactions.
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