Question

Choose as many answers as apply.

Answer 1

Alright, so let's go through each choice.

First off, a checking account is an account at a bank against which checks can be drawn by the account depositor. Or basically, where you can write checks to others.

First answer:

Most checking accounts pay interest on deposits.
True, most banks tend to pay interest on deposits. However, some banks will require that you use direct deposit or maintain a minimum balance. Interest-bearing checking: With an interest-bearing checking account, you are paid interest on the money in your account.

B. When you write a check the bank takes money from your account and pays it to the person who submits the check.

True, this should be a no-brainer. You're paying the person with a check.

C. The bank keeps track of how much money you have left in your account and sends you a statement each month. A charge is usually made for this service

True, this is with almost every bank account.

So, this should be all of the above.