The principal assets of commercial banks are:
a. buildings
b. equipment
c. loans
d. deposits

Hello, the answer you are looking for is in fact C. Loans. It says in my reading assignment that, "Commercial banks checking accounts are the principal means of payment in the economy and are widely accepted as money. Although commercial banks do purchase investment securities like stocks and bonds, their Principle assets are loans made directly to businesses firms, individuals, and family's, and other borrowers."

If you need more information here is the URL I used to get this information,

https://courses.jmhs.com/content/enforced/7056-CE011_20_1/Personal%20Finance/CE011%20Part%201/Lesson_1/Reading%20Assignment%20Lesson%201.pdf?_&d2lSessionVal=nR0I7FLcrb4A6JQnFpcK5YT8o&ou=7056

Third page, second to last paragraph.

Hope you have a blessed day. If possible i would like brainliest please. Thank you.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi