Evan Had Three Accounts as Listed Below

question 64

Multiple Choice

Evan had three accounts as listed below.In 2011,how much was his total coverage by the FDIC?
• Bank A: $125,000
• Bank B: $50,000
• Bank C: $325,000

• A)$125,000
• B)$250,000
• C)$375,000
• D)$425,000
• E)$475,000

Understand the facilitating functions within the distribution process.

Identify the types of intermediaries and their roles within marketing channels.

Recognize how marketing channels enhance product or service appeal to buyers.

Understand the importance of grading and quality assessment in marketing channels.

---

Definitions:

Annual Cash Flows

The total amount of money being transferred into and out of a business over one year, considered in terms of liquidity and financial health.

Geothermal Heat Pump

A central heating and/or cooling system that transfers heat to or from the ground, using the earth as a heat source or sink.

Net Present Value

A financial metric that estimates the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows over a period of time.

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest from previous periods.