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- Money earns interest at an agreed rate
- There is usually a minimum amount that is required to operate this account
- A certificate of deposit is usually issued to a depositor
- If the money is withdrawn before expiry of agreed period the depositor may lose the accrued
interest
- The money plus all the interest can be withdrawn at the time of the agreed period
gideon1 answered the question on October 2, 2017 at 16:50
- Highlight four benefits enjoyed by a holder of a credit card(Solved)
Highlight four benefits enjoyed by a holder of a credit card
Date posted: October 2, 2017. Answers (1)
- Outline four measures that an employer can put in place to improve the performance of her
human resource.(Solved)
Outline four measures that an employer can put in place to improve the performance of her
human resource.
Date posted: October 2, 2017. Answers (1)
- Mention four non-tax internal sources of revenue to the government.(Solved)
Mention four non-tax internal sources of revenue to the government.
Date posted: October 2, 2017. Answers (1)
- Highlight four reasons why public relations is a popular way of product promotion among banks.(Solved)
Highlight four reasons why public relations is a popular way of product promotion among banks.
Date posted: October 2, 2017. Answers (1)
- Give the composition of the high court of Kenya(Solved)
Give the composition of the high court of Kenya
Date posted: October 2, 2017. Answers (1)
- State factors that a trader may consider when choosing a means of transport (Solved)
State factors that a trader may consider when choosing a means of transport
Date posted: October 1, 2017. Answers (1)
- State factors that may make a producer to by pass the wholesaler when distributing goods(Solved)
State factors that may make a producer to by pass the wholesaler when distributing goods
Date posted: October 1, 2017. Answers (1)
- State whether the tax described below is direct or indirect (a) Stamp duty (b) Wealth tax (c) Excise duty (d) Value Added tax(Solved)
State whether the tax described below is direct or indirect
a) Stamp duty
b) Wealth tax
c) Excise duty
d) Value Added tax
Date posted: October 1, 2017. Answers (1)
- State four current trends in sales promotion.(Solved)
State four current trends in sales promotion.
Date posted: October 1, 2017. Answers (1)
- List four factors that may limit the growth of a country’s national income.(Solved)
List four factors that may limit the growth of a country’s national income.
Date posted: October 1, 2017. Answers (1)
- Outline four things a business need to know about their competitors.(Solved)
Outline four things a business need to know about their competitors.
Date posted: October 1, 2017. Answers (1)
- Highlight four reasons why the use of rail transport is not well developed in Kenya.(Solved)
Highlight four reasons why the use of rail transport is not well developed in Kenya.
Date posted: October 1, 2017. Answers (1)
- State four problems that are experienced by consumers when firms become monopolies.(Solved)
State four problems that are experienced by consumers when firms become monopolies.
Date posted: October 1, 2017. Answers (1)
- State the source documents for each of the following subsidiary day Books
Subsidiary Books Source Documents
A Sales Journal
B Purchase Sales Journal
C Returns Inwards Journal
D Returns Outward...(Solved)
State the source documents for each of the following subsidiary day Books
Subsidiary Books Source Documents
A Sales Journal
B Purchase Sales Journal
C Returns Inwards Journal
D Returns Outward Journal
Date posted: October 1, 2017. Answers (1)
- Highlight four ways in which individuals consumers can protect themselves.(Solved)
Highlight four ways in which individuals consumers can protect themselves.
Date posted: October 1, 2017. Answers (1)
- Outline four changes in the economy associated with economic development.(Solved)
Outline four changes in the economy associated with economic development.
Date posted: October 1, 2017. Answers (1)
- Highlight four factors that determine precautionary motive for holding money.(Solved)
Highlight four factors that determine precautionary motive for holding money.
Date posted: October 1, 2017. Answers (1)
- Highlight four benefits of a free warehouse.(Solved)
Highlight four benefits of a free warehouse.
Date posted: October 1, 2017. Answers (1)
- State four ways in which a good filing system may facilitate the operations on office.(Solved)
State four ways in which a good filing system may facilitate the operations on office.
Date posted: October 1, 2017. Answers (1)
- State four economic factors that determine a consumer’s buying ability.(Solved)
State four economic factors that determine a consumer’s buying ability.
Date posted: October 1, 2017. Answers (1)