Here are the answers to your questions:
Question 1: Select all that apply.
- It earns interest regularly.
- It sets aside money for future use.
Question 2:
- withdraw
Question 3:
- track your expenses for a set period of time
Question 1
A)
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 for purchases.
It allows you to use a debit card to pay for purchases.
It earns interest regularly.
It earns interest regularly.
It eliminates any interest or fees you must pay on borrowed money.
It eliminates any interest or fees you must pay on borrowed money.
It sets aside money for future use.
It sets aside money for future use.
Question 2
A)
What is the word for taking money out of a banking account?
(1 point)
Responses
credit
credit
invest
invest
save
save
withdraw
withdraw
Question 3
A)
What is the first step toward determining how much you can save?
(1 point)
Responses
put 15% of your income into savings
put 15% of your income into savings
stop all spending for one month
stop all spending for one month
track your expenses for a set period of time
track your expenses for a set period of time
use your debit card for all purchases
use your debit card for all purchases
1 answer