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Savings Accounts
Page 3
Questions (146)
People who believe money does not grow on trees have doubtlessly never tasted
the fruits of compound interest. The concept is
1 answer
asked anonymously
16 views
Use Figure 5.1. When their child was born, Elaine and Mike Porter deposited
$5,000 in a savings account at Tennessee Trust. The
1 answer
asked by
WARNING! Beware of brain smarts
24 views
Suppose you deposit $6300 into a savings account that earns 8.64% interest, compounded monthly.
Fill in the following table,
1 answer
asked anonymously
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Jon went to his local bank and deposited money in a certificate of deposit, or CD for short. A CD is a type of savings account
3 answers
asked by
bagelpizza
26 views
Ashley has $5,000 in an account that earns 5% interest compounded annually.
To the nearest cent, how much will she have in 3
1 answer
asked anonymously
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Which option describes a bank savings account?(1 point) Responses An account giving 0.05% interest with no other limitations An
1 answer
asked by
moo
27 views
hich of the following is not a characteristic of a typical bank savings account?(1 point)
Responses an average of 0.05% interest
1 answer
asked anonymously
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Which is true of a health savings account but not a flexible spending account?(1 point) Responses You can use it to pay for
1 answer
asked by
lol
31 views
Why do banks offer incentives like interest on money you deposit into savings accounts?(1 point) Responses They keep money
7 answers
asked anonymously
39 views
Why do banks offer incentives like interest on money you deposit into savings accounts?
1. the money is not insured if not in a
1 answer
asked by
a
37 views
Why do banks offer incentives like interest on money you deposit into savings accounts?(1 point)
Responses The money is not
1 answer
asked anonymously
34 views
Why do banks offer incentives like interest on money you deposit into savings accounts?
A. They loan the money deposited back out
1 answer
asked anonymously
53 views
A new bank customer with $5 comma 000 wants to open a money market account. The bank is offering a simple interest rate of
1 answer
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20 views
Multiple Choice Question
Which statement best describes a characteristic of a regular savings account? A. Which statement best
1 answer
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Which of the following is NOT a benefit of putting money in a savings account?
Question 7 options: You can make frequent
1 answer
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Rowan has $100 that he wants to save in a bank bank a offers two types of savings accounts one has a 5% interest rate and the
1 answer
asked anonymously
24 views
Why do some accounts, like savings accounts at your local bank, earn interest?
Group of answer choices Because the bank pays you
1 answer
asked anonymously
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Darryl plans to deposit $2,000 into a new account that offers an annual interest rate of 3.2%. He will make no additional
1 answer
asked by
Dot
20 views
Darryl plans to deposit $2,000 into a new account that offers an annual interest rate of 3.2%. He will make no additional
1 answer
asked by
Dot
17 views
2,275 is deposited into a savings account that earn =s 4.4% simple interest for 5 years
1 answer
asked by
meep
6 views
You consistently deposit $250.00 into a savings account on the 15th of each month, and the account earns a 2.5% APR. How much is
1 answer
asked by
donal
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What is one way that certificates of deposit (CDs) differ from other saving services?(1 point) Responses Certificates of deposit
1 answer
asked by
__________________________________________________
23 views
What is one way that certificates of deposit (CDs) differ from other saving services?
1 answer
asked anonymously
14 views
Cat has 450 to deposit into two different savings accounts Kent will deposit $200 into account one which earns 2.5% annual
1 answer
asked anonymously
19 views
What is the benefit of a savings account? Select all that apply. (1 point) Responses It allows you to use a debit card to pay
2 answers
asked by
Elijah Ford
41 views
How does the amount of money in your savings account grow over time?(1 point) Responses Banks who are insured through FDIC add
1 answer
asked by
758jrji..
61 views
What is the benefit of a savings account? Select all that apply.
(1 point) ☐ It allows you to use a debit card to pay for
3 answers
asked anonymously
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You can open a savings account to ________________.
deposit money you want to save buy a financial product to grow your money pay
1 answer
asked by
angie
9 views
Richard wants to start a college savings account for his daughter. Which would be helpful advice to give Richard in order to
1 answer
asked by
silent
4 views
How does the amount of money in your savings account grow over time?(1 point) Responses Banks who are insured through FDIC add
1 answer
asked by
758jrji..jgghh
22 views
Jon went to his local bank and deposited money in a certificate of deposit, or CD for short. A CD is a type of savings account
1 answer
asked anonymously
20 views
How does the amount of money in your savings account grow over time?(1 point) Responses Banks who are insured through FDIC add
2 answers
asked anonymously
35 views
What is the benefit of a savings account? Select all that apply.
(1 point) It allows you to use a debit card to pay for
1 answer
asked anonymously
11 views
What is the benefit of a savings account? Select all that apply.
(1 point) It allows you to use a debit card to pay for
1 answer
asked by
MaryMartha Boucher
7 views
Rohan has $100.00 that he wants to save in a bank. Bank A offers two types of savings accounts. One has a 5% simple interest
1 answer
asked anonymously
4 views
What is the benefit of a savings account? Select all that apply. (1 point) Responses It allows you to use a debit card to pay
1 answer
asked anonymously
3 views
How does the amount of money in your savings account grow over time?(1 point)
Responses Banks who are insured through FDIC add
1 answer
asked anonymously
52 views
How does the amount of money in your savings account grow over time?(1 point)ResponsesBanks who are insured through FDIC add
1 answer
asked by
dee
7 views
How does the amount of money in your savings account grow over time?(1 point)
Responses Banks who are insured through FDIC add
1 answer
asked by
I <3 MY EXXX
10 views
How does the amount of money in your savings account grow over time?(1 point)
Responses Banks who are insured through FDIC add
3 answers
asked by
Tyler Jones
3 views
How does the amount of money in your savings account grow over time?(1 point) ANSzWEr
Responses Banks who are insured through
1 answer
asked by
ur mum
10 views
How does the amount of money in your savings account grow over time?(1 point) ANSWER THE QUESTION
Responses A. Banks who are
1 answer
asked by
ur mum
10 views
How does the amount of money in your savings account grow over time?
(1 point) Banks who are insured through FDIC add money to
1 answer
asked by
MaryMartha Boucher
4 views
How does the amount of money in your savings account grow over time?
(1 point) Banks who are insured through FDIC add money to
1 answer
asked by
MaryMartha Boucher
4 views
How does the amount of money in your savings account grow over time?
A. Banks who are insured through FDIC add money to your
1 answer
asked by
MaryMartha Boucher
4 views
What is the benefit of a savings account? Select all that apply. (1 point) Responses It allows you to use a debit card to pay
3 answers
asked anonymously
1 view
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