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#1 a)

  Go to 1stbankyuma.com. List what products they offer to consumers. (Example:

checkin accounts) Personal Loans:

-Installment Loans;

-Personal Line of Credit;

-Savings & TCD Secured Loans;

-Personal Secured Loans;

-Conventional Mortgage Loans, Home !uit" & Im#rovement Loans;

Personal C$ec%ing ccounts;

Personal Savings ccounts;

'usiness Loans:

-Commercial(Small 'usiness Loans;

-)#erating Lines of Credit;

-Commercial & *esidential Construction Loans;

-+overnment Loan Programs;

-gricultural Production Loans;

C$ec%ing ccounts;

#1 b)

!o they also offer car loans to consumers"

es ,t$e" offer #ersonal secured loans $ic$ includes t$e uto loans.

#1 c)

ind the $%& and 'nterest ate of the 1st ate ewards heckin $ccount.

*ote: +ention all important aspects and please provide the link where you found the

information. 1st ate ewards heckin Minimum Balance $25,000.01 , Interest ate .05and the !"# is .05over $25,000 % and &.00 ' !"# paid on (alances up to $25,000% .

Monthly Requirements Must Be Met 1 )irect )eposit, *nline Bankin+, eceive -statements, and 15 "* transactions per statement cycle. !"# / !nnual "ercenta+e #ield.

If account does not meet reuirements durin+ monthly cycle a .05' !"# will (e earned onthe entire (alance. $100 minimum openin+ deposit. o minimum (alance reuired. o monthlyservice char+e. Must (e a #uma ounty resident to open this account.%

http344www.1st(ankyuma.com4ates.asp

http://www.1stbankyuma.com/http://www.1stbankyuma.com/http://www.1stbankyuma.com/Rates.aspxhttp://www.1stbankyuma.com/http://www.1stbankyuma.com/Rates.aspx

8/13/2019 De Test (Master)

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#,

ead this  wikipedia.or . -ased on the first formula listed on the pae calculate a

checkin account/s $%& if the interest rate was 1.02 and it was compounded daily for

one year.

*ote: "lease write out the eact formula and the inputs that you used in order to come to

the final answer.

//   −   

  

 +=

 N 

nom

 N  APY 

  i  012304,5/

637

64.//

637

=−   

   += APY  2

#0 a)

Go to capitalone.com.

List the interest rates for their money market accounts.

*ote: %lease also provide the link where you found the information.

I didn6t find the list with the interest rates.

#0 b)

Go to wachovia.com enterin ,,,31 as your 4ip code.

!oes the 5ay,6a7e sa7ins account ha7e any restrictions or special re8uirements"

'f so please list them below.

Minimum openin+ deposit 3 $257

Monthly service fee waived when you select one of these options3

- Maintain a $&00 minimum daily (alance, or et up and maintain one or more automatic,

recurrin+ savin+s options *therwise $5

# a)

Go to firstambank.com  and list all the mortae products we need to include for a

loan9to97alue e8ual to 32.

8his product isn6t availa(le for consumer.

http://en.wikipedia.org/wiki/Annual_percentage_yieldhttp://en.wikipedia.org/wiki/Annual_percentage_yieldhttp://www.capitalone.com/https://www.firstambank.com/PersonalBankinghttp://en.wikipedia.org/wiki/Annual_percentage_yieldhttp://www.capitalone.com/https://www.firstambank.com/PersonalBanking

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# b)

Go to unionsa7ins.com . List all the saving products with the most fixed interest rate,

regardless of account balance.

ertificates of )eposit )s%

9addered ertificates of )eposit )s% with 3 Year Package and 5 Year Package%

#;

Go to bankofthewest.com out find out the maximum number of