Question
unit 5 lesson 2 Banking connections academy
1. What is the benefit of a savings account? Select all that apply. (2 points)
It allows you to use a debit card to pay for purchases.
It earns interest regularly. ✨
It eliminates any interest or fees you must pay on borrowed money.
It sets aside money for future use. ✨
2. What is the word for taking money out of a banking account? (1 point)
credit
invest
save
withdraw ✨
3. What is the first step toward determining how much you can save? (1 point)
put 15% of your income into savings
stop all spending for one month
track your expenses for a set period of time ✨
use your debit card for all purchases
1. What is the benefit of a savings account? Select all that apply. (2 points)
It allows you to use a debit card to pay for purchases.
It earns interest regularly. ✨
It eliminates any interest or fees you must pay on borrowed money.
It sets aside money for future use. ✨
2. What is the word for taking money out of a banking account? (1 point)
credit
invest
save
withdraw ✨
3. What is the first step toward determining how much you can save? (1 point)
put 15% of your income into savings
stop all spending for one month
track your expenses for a set period of time ✨
use your debit card for all purchases
Answers
^^^
B,D
D
C
100% THANK YOU MWAH
B,D
D
C
100% THANK YOU MWAH
@I still live in 2020 is correct thank U
I still live in 2020 is 100% right
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