A commercial bank is a type of financial institution that accepts deposits, offers checking account services, makes business, personal and mortgage loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking, as opposed to an investment bank.

Commercial banks are funded through customer deposits. These banks make money by providing loans and earning interest income from those loans. The types of loans a commercial bank can issue vary and may include mortgages, auto loans, business loans and personal loans. A commercial bank may specialize in just one or a few types of loans.

Customers who deposit money into these accounts effectively lend money to the bank and are paid interest. However, the interest rate paid by the bank on money they borrow is less than the rate charged on money they lend.

If you add all the terms of the LHS of equality, then the last letter of the sum written in words would give you the RHS.

1 + 1 + 1 + 1 = 4 = FOUR

2 + 2 + 2 + 2 = 8 = EIGHT

3 + 3 + 3 + 3 = 12 = TWELVE

4 + 4 + 4 + 4 = 16 = SIXTEEN

So, following the same pattern.

5 + 5 + 5 + 5 = 20 = TWENTY

That gives us our answer to 5 5 5 5 =  "Y".

Personal financial planning is the process of creating and achieving financial goals.

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.

Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

TRUE. The computers and electronic devices use digitized information which is easily understood by them.

Digitization is the process of converting analog signals or information of any form into a digital format that can be understood by computer systems or electronic devices. The term is used when converting information, like text, images or voices, and sounds, into binary code.

Homer's literature had created the foundation for literature and was influential in his time and the future. And they are credited as foundational components of the Western worldview.

The iodine test is used to test for the presence of starch i.e, Carbohydrate.

An Element is a pure substance of one type of atom. In chemistry, any material such as carbon, hydrogen, iron, or oxygen that cannot be broken down into more fundamental substances is nothing but an element.