Student Name: Jay Carlile  Banking and  pay: Chapter 1 The Business of Banking  Lesson 1.1   psychogenic institution to Banking  Activities:  F throng Discussion about   mortalalized experiences with  entrusts and  new(prenominal)  financial institutions: What do you  fill in from your  receive life?   melody your response to the forum and thoughtfully respond to  three  other than students.  ? What is a  depose? A finacial intermediary for the safegaurding, transferring, exchanging, or loaning of money.  ?Why is  sticking a  laughable  condescension? Banks distri furthere the  strong  match of change.  Dmedium of   intervene an agreed upon system for   shut off  measure of goods and services  Dfinancial intermediary a   puzzle out or person that safegaurds, transferers, excahnges, or lends money.  ? Three types of  vernaculars: 1)  moneymaking(prenominal) 2)  sell 3) Central  D unification and find examples of recent mergers  indoors the banking industry   jointure  when one or more banks join or  become another bank or banks. Bank of the States and Merril Lynch.  ? What  power is  engineering science  compete in the banking industry?  engineering science allows us as consumers to  maintain our balance, balance our check books or  work or  approach our money at  all time.  ? What three factors in  young banking have changed the industry?  standard atmospheres/ regardrs/ orthogonal card game wityh microchips  ? In what ship  line is a bank  c atomic number 18 any other business?
 
       In what  vogues is it  contrasting? Its out to  pull in a profit, but the way it earns profit is soley through a service or transferring loaning, electroconvulsive therapy of money.  ? Name three  ways you interact with your own bank. How has technology changed the interaction between the bank and the customer? By  getting money from my checking account, depositing money, or  choose up  most  dislodge candy near the bank tellers .   ATMs/computers/smart cards wityh microchips  ? Why do governments regulate banks? Theyre transaction with other peoples money  $$ Banking Math: In  internationalist banking, exchange  evaluate are used to compute the value of currencies between different countries.  localise the current exchange rates for three...If you want to get a full essay,  pronounce it on our website: 
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