How do core deposits differ from purchased funds


Response to the following questions:

1. How does a NOW account differ from a demand deposit?

2. How does a retail CD differ from a wholesale CD?

3. How do core deposits differ from purchased funds?

4. What are the major categories of off-balance-sheet activities?

5. How does a bank's annual net income compare with its annual cash flow?

If possible, please give examples to better understand your response.

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Financial Accounting: How do core deposits differ from purchased funds
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