Question: Interest rate

Answer: The interest rate is the fee charged by the bank for the use of the money when taking out a loan. It is also the fee you are paid by the bank for letting the bank use your money.

Question: ATM fees

Answer: ATM usage fees are the fees banks charge for the use of their Automated Teller Machines (ATMs).

Question:

Answer: $899.15

Question: Opening a savings can provide an individual many conveniences. List and briefly describe the conveniences that are associated with opening a savings account.

Answer: Savings accounts offer easy access to your money in the event of an emergency, while your money is in a savings account, it can earn interest, allowing your money to grow, and finally keeping your money in a savings account means that your money is safe.

Question:

Answer: $148.20

Question:

Answer: After expenses, Kim will need an additional $778.31 to start her company.

Question: Savings accounts are a reliable way to store money for the future.

Answer: T

Question: What are some of the factors to take into consideration when opening a savings account and what information do you need to provide?

Answer:

Question:

Answer: The total is calculated incorrectly

Question: Annie wants to make a deposit into her savings account. She is depositing 3 checks, one for $50.32, another for $324.89, and finally one for $753.15. She would like to receive $137.82 in cash after the deposit. Calculate the amount that she will be depositing into her savings account.

Answer: $990.54