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Anettt [7]
3 years ago
8

Elliot wants to open a checking account.

Business
2 answers:
Paraphin [41]3 years ago
5 0

Answer:

The common differences in benefits and or fees include :

1. Minimum opening amount

2. Withdrawal limitation - maximum spending or withdrawal depending on age

3. Cost of notification on transaction and monthly statement or hard copy statement fee.

4. Return deposit charge - fee charged on a bounced cheque

5.Overdraft charge - fee charge on unfulfilled commitment

Explanation: The benefits attached and the charges or fees incurred in managing a checking account may differ depending on the policy and business process of the financial establishment.

AnnyKZ [126]3 years ago
3 0

Answer:

The accounts may differ in minimum balance required, interest rate, ATM fees, overdraw protection, the monthly service fee, and the annual fee.

Explanation:

Please just trust me on this one (edg2020)

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By measuring the CLTV, a company can make better decisions like the goals related to marketing, reduction in the cost related to acquisition, customer retention,etc. CLTV can be measured by subtracting the  amount spent by a customer  from the total cost that is spent in maintaining the relationship with that customer.

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