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Jlenok [28]
3 years ago
7

In terms of "banking", what is the difference between depositing and withdrawing money?

Mathematics
2 answers:
Margaret [11]3 years ago
7 0

Answer:

WHEN you put some money into your bank account, then it is called Depositing the money. When you deposit money, the balance in your bank account will increase.

On the other hand, withdrawal of money is taking out money from you bank account. It can be done manually or electronically. WHEN you withdraw money from your bank account, the balance in the account reduces.

Step-by-step explanation:

kogti [31]3 years ago
6 0

Answer:

depositing is putting money INSIDE your account and withdrawing is TAKING OUT money from your account

Step-by-step explanation:

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