Posts Tagged ‘bank’
Financial Management Math Question?
Norma’s Cat Food of Shell Knob ships cat food throughout the country. Norma has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by two and one-half days. Furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. The bank has a remote disbursement center in Iowa.
a.If the company has $5 million per day in collections and $3 million per day in disbursements, how many dollars will the cash management system free up?
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b.If the company can earn 8 percent per annum on freed-up funds, how much will the income be?
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c.If the annual cost of the new system is $800,000, should it be implemented?
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Should I pay off my car?
I’ve got right about 2 years left on my car loan with a balance of about $10k. I have in the bank in total around $15-16k of combined savings/checking accounts and CD’s. I also have my 401k, but I dont plan to ever touch that which is small right now, about $8k. My monthly payments on my car are $460 with an int. rate of 5.9%. We’ve got a 30 yr mortgage that has 25 yrs left on it. Im tired of shelling out the $460 each month , so should I just get the payoff from the bank and pay my car off? Its an 05′ Honda…..reason Im still paying on it….cause I got screwed on the loan when i first got it late in 05′ with a 12.50% rate! I refinanced it about 2 yrs later to the now 5.9%. Should I just stick it out for the next 2 years or just pay it off? Thanks
how are shell companies used to launder money whether the banks are offshore or not? how is money laundering?
done through shell companies regardless of what type of banks are being used? financial institutions but preferably banks in any given part of the world or even within the united states? does anyone know how this process is allowed to happen without it being fully stopped? how are shell companies able to hide money laundering regardless of where its happening? for example, if someone has a bank account and is receiving stolen funds into that account regardless whether its an offshore account or not, how are they able to launder money and keep doing it without someone asking them where the funds are coming from? bribes? having the right connections? what type of bank officials will allow for this to happen? can corruption allow for this type of money laundering not to be fully decommissioned? is it offshore banks or regular banks where the most money laundering takes place? would a shell company in an offshore bank be how the most money laundering take place? can a shell company hide the illegal stolen funds that are being received into a private bank account assuming its offshore or not? can an expert please answer. thank you.
Vonage ripped me off.?
I cancelled my Vonage service because I am moving to an area that does not offer broadband. They charged my bank account for May anyway. They told me the charge was pending my bank account before I had the phone shut off. They told me that they won’t reverse the charge or credit my bank account.
Then one of the three people I was trying to discuss this with told me that my charge was for the past month and not the following month. I stupidly believed her. But I guess she lied, I looked in my records and found that the day I signed up I paid for the following month and every month subsequently BEFORE the month occurred.
So not only did they rip me off a payment, they lied to me to get me to stop asking for it back.
Cant log into any accounts.?
I cant log into any of my accounts. even my bank account. i have called the tech support and they said it has to do with my pc. so i am at a lost. i cant even log into my msn explorer either. i can read any thing else on it the internet. but other than that, i cant access any accounts. Help! contact me thru my messenger for yahoo. ravenfirewi is my yahoo id. Thanxs. any help would be helpful.
when i try to log into the accounts, all i get is a pge saying “the page cannot be displayed. that is like that for no matter what account i sign into. so i am still at a lost.

