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Credit unions are: O a. mortgage lenders. O b. large institutions when compared with commercial...

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Accounting

Credit unions are: O a. mortgage lenders. O b. large institutions when compared with commercial banks, O c. special commercial lenders. O d. available to the general public. Oe. member-owned financial cooperatives. Harry received a scholarship of $2,000. He plans to invest this money for 5 years at 8%, compounded annually. If he accomplishes this, what will Harry's ending balance be? (Round the answer to the nearest dollar.) O a. $2,939 O b. $3,162 O c. $2,160 O'd. $2,520 e. $2,608 Liquid assets include your Oa, money market deposit account (MMDA). O b. I savings bonds O c. Series EE US, savings bond. Od. 10-year Treasury bond. O e. 3-year certificate of deposit (CD) purchased in the current financial year. Low interest rates: O a. do not impact the supply of credit. O b. increase the number of financial institutions. Oc. reduce asset prices in financial markets. O d. increase the demand for lower-grade, riskier bonds. O e. decrease employment opportunities

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