Bank Blog

I want to apply for a CashAdvance to give me a little extra “lunch” money this week till i get paid on thursday, but if it won’t help build my credit i think i can starve this week… Would this help build my credit up at all? I have NO credit, Nothing bad against my credit atm. According to my Credit Report i have nothing in good standing yet. So would this add to it?

By: Ray R

Jon opens a savings account at a bank with $5,000 as an initial depost, the interest rate is 6.05% and is compounded monthly. In 3 years he wants to buy a house and needs to save more money for the down payment. If he needs $20,000 after 3 years for the down payment, about how much money does he need to deposit each month into his account.

By: ajmeshot34

They say that literary fiction deals more with the inner workings of characters and commercial fiction relies on plot to carry its story. Psychological depth vs. BANG BOOM! Is there a better definition? How do you know what you’re reading/wtiting? For that matter, has a literary writer ever achieved broad commercial success?

By: bigrobdeezey

I recently applied for a Fraud Specialist 1 position at Wells Fargo Bank. I would like to know what is appropriate to ask for in terms of compensation. I have previous experience ( 1 year) with WF in a similar field. I looked at the job description on the companys’ website and it stated that $20,100 was the minimum and $26,000 was the midpoint. Should I stay within this range? Any suggestions?

By: jen

or do I have to mail it in?

By: ChicagoParty5420

i really wanted to become a commercial pilot. but some say i have to be a math whiz person.

i am asking these question to you guys because i am not that good when it comes to mathematics.

By: aj

How is this possible? I thought the whole idea was to lower the interest rates to the public so that it would spawn more home loans? It would appear that the only thing occurring is the banks are taking advantage of the situation by putting the money in their pockets?

By: oldandthesail

free credit card via internet?

By: sy k

I win a lottery sum of Rs. GBP 1000000 from UK, but Mr. HARJINDER SINGH his A/c no. Send to me that when i transferd ……………( ECONOMY CLASS DELIVERY in sending your winning bank draft to you, pay in the sum of $1,200 equivalent to ( 47,000INR ) to this account information in your country that you will find below);
Sir im poor man . Pls help

Nutan Diara, (Near Nutan Diara Primary School)
P.O. : Nayabad, P.S. : Sonarpur, Kolkata - 700150, West Bengal, India, Cont. : +91-9836572464, e-mail : b.roy06@yahoo.com

By: jaan

SiClone Corporation plans to acquire new lab equipment that costs $810,000 on January 1, 2008. SiClone Corporation will pay approximately $125,000 out of cash on hand and plans to finance the balance. SiClone has three financing options:
1.Issue 2% coupon bonds on January 1, 2008: $1,250,000 face value, 2% coupon (interest payable annually on December 31), ten-year bonds. The market rate of interest on January 1, 2008 is 9%.
2.Issue 25% coupon bonds on January 1, 2008: $340,000 face value, 25% coupon (interest payable annually on December 31), ten-year bonds. The market rate of interest on January 1, 2008 is 9%.
3.Borrow $685,000 from Second Indiana Bank at an interest rate of 9%. This loan would require 10 equal annual payments, with the first payment due December 31, 2008, sufficient to pay off the loan and interest over the 10-year period.

At what price (where par = 100) would the 25% bonds be issued?

Make journal entry to record the 25% coupon bonds on Jan 1, 2008

By: grugger165