Create a Comparison Grid of Banking Options for your tech company

Question

Imagine that you need to set up personal checking and savings accounts Before you

make your decision, you've decided to create a feature comparison grid to more easily analyze your options

Conduct online research. Identify three banks to use in your feature comparison grid

Open a new spreadsheet document and label the first column "Features."

In the rows under the Features column header, list 6 features to compare across the three banks. Your feature list should answer these questions

• What fees do they charge?

• What interest rates do they offer on savings accounts?

• Do they offer other services, like credit cards and small loans?

Do their services require a minimum balance, or set limits on the number of withdrawals you can make each month?

How many no-fee ATMs are in their network?

• What are their options for online and mobile banking?

Add columns for each of the three banking options. Research each bank's website for the information needed to complete the feature grid,

For each feature, add the relevant information from your online research about that bank For example, if the first feature is "Number of free ATMS nearby," then add that information across all three product columns until all cells in the matrix are complete Based on your feature comparisons, choose a bank indicate your banking choice by adding formatting (boid, or colors) to the column.

Document a Banking Task for your tech company

• Choose a banking task, such transferring money between accounts or viewing a monthly statement

• write each step of the task as you complete them and label each step.

Answer 1

Banking Task: Transferring Money Between Accounts

Step 1: Log in to your online banking account.
Step 2: Navigate to the "Transfers" or "Move Money" section.
Step 3: Select the accounts you want to transfer money between (e.g. checking to savings).
Step 4: Enter the amount you wish to transfer.
Step 5: Choose the date for the transfer to take place (if applicable).
Step 6: Review the transfer details to ensure accuracy.
Step 7: Confirm the transfer and verify that the transaction was successful.
Step 8: Check the balances in both accounts to ensure the transfer was completed correctly.