Choose as many answers as apply.
Which of the following statements are true of checking accounts?
Most checking accounts pay interest on deposits.
When you write a check
the bank takes money from your account and pays it to the person who submits the check
The bank keeps track of how much money you have left in your account and sends you a statement each month.
A charge is usually made for this service.
Answers: 1
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The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?
Answers: 1
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When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations
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If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
Choose as many answers as apply.
Which of the following statements are true of checking accounts?
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