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Questions and Answers
Where can you open a checking account?
Where can you open a checking account?
- Only at a brick-and-mortar bank
- Only at a credit union
- Only at an online bank
- All of the above (correct)
Which type of bank account is designed for short- or long-term savings?
Which type of bank account is designed for short- or long-term savings?
- Checking account
- Investment account
- Savings account (correct)
- Credit account
Which type of account offers convenience, safety, and security for your money?
Which type of account offers convenience, safety, and security for your money?
- Investment account
- Checking account (correct)
- Savings account
- Credit account
What is the purpose of a checking account?
What is the purpose of a checking account?
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What does a savings account typically offer on the deposited amount?
What does a savings account typically offer on the deposited amount?
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