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Match it! Select the correct answer from the pull down...Good luck!
Which type of financial institution usually pays the highest rate of interest on savings account balances?
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
How long does bankruptcy stay on your credit report for
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
Are check cashing service a good Idea _____, (1 point) Yes or No
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
Gift Card expire after
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
Benefits of opening a bank account are many. Bank accounts are safe places to store money, allow various ways to access and use that money, and __________.
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
A fee charged for the use of credit
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money?
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
When a person is reconciling a checking account and notices that the balance in the checkbook does not match the balance on the statement from the bank, which action is it appropriate for the person to take first?
Finance Charge/Interest
NO !!!!!!!
establish good credit for the future
5 years
10 years
Credit unions
Determine that checks already written have cleared.
Compounding daily
Check it!