Question
You are examining your choices of banks to open a new savings account. Costs include monthly maintenance fees and statement copy fees. Income can come from ___________.
a.
Overdraft fees
b.
Debit cards
c.
Minimum monthly balance
d.
Interest on deposits
a.
Overdraft fees
b.
Debit cards
c.
Minimum monthly balance
d.
Interest on deposits
Answers
GPT-4o mini
The correct answer is: **d. Interest on deposits**.
Income from a savings account typically comes from the interest accrued on the deposits you maintain in the account.
Income from a savings account typically comes from the interest accrued on the deposits you maintain in the account.