subject
History, 27.04.2021 18:50 Sadaalcala1

How do people use checking accounts differently from the way they use savings accounts? People use checking accounts to deposit money earned from their primary jobs, while people use savings accounts to deposit money earned from second or third jobs and gifts.
I put in 100 points
People write checks or use debit cards to pay for goods and services with the money in checking accounts, while the money in savings accounts is not generally accessed as frequently.

People use checking accounts to build up funds over long periods of time in the hopes of making large purchases, while people use the funds in savings accounts to meet their regular expenses.

People open checking accounts if they will not need to access the money deposited in them for several months or years, while people open savings accounts if they will need to access the money deposited in them much sooner.

ansver
Answers: 2

Another question on History

question
History, 22.06.2019 07:00
How did cowboy culture reflect the ethnic diversity of the u.s.
Answers: 1
question
History, 22.06.2019 08:00
During the 1920s, the federal reserve increased the money supply and kept interest rates very low, encouraging consumer spending and the brisk borrowing of money. business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. however, during the crash of 1929, the federal reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money. after reading the prompt, what can you surmise happened next that contributed to the great depression? a) black tuesday b) collapse of banks c) high unemployment d) election of franklin d. roosevelt
Answers: 2
question
History, 22.06.2019 08:30
What is the definition of federalism
Answers: 1
question
History, 22.06.2019 11:50
What was one of the most important causes of the russian revolution of 1917? a. the german occupation of russia during world war ii b. the bolsheviks execution of czar nicholas ii and his family c. csar nicholas ii refusal to withdraw from world war 1 d. the policy of ethnic discrimination put in place by the duma
Answers: 1
You know the right answer?
How do people use checking accounts differently from the way they use savings accounts? People use...
Questions
question
Biology, 01.02.2021 04:50
question
Mathematics, 01.02.2021 04:50
question
Mathematics, 01.02.2021 04:50
question
Mathematics, 01.02.2021 05:00
question
Physics, 01.02.2021 05:00
question
Mathematics, 01.02.2021 05:00