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Veronika [31]
3 years ago
6

Why is a savings account better than a checking account for saving money? Read More >>

Business
2 answers:
kotegsom [21]3 years ago
6 0

Answer:

A checking account is a type of bank deposit account that is designed for everyday money transactions. ... Savings accounts have higher interest rates than checking accounts, meaning it is better to let large sums of money (e.g., an emergency fund) sit in savings instead of checking.

Explanation:

Checking accounts are better for everyday transactions such as purchases, bill payments and ATM withdrawals. ... Savings accounts are better for storing money and earning interest, and because of that, you might have a monthly limit on what you can withdraw without paying a fee.

inessss [21]3 years ago
5 0

Answer:

So it is harder for you to spend the money.

Explanation:

If you had a checking account it will be easier to spend it. But if you had a Savings account you will not have a card you will actually have to go to the bank to spend the money.

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The high entry barriers in a given industry​
arlik [135]

Answer:

<em>1</em><em>. </em><em>Economies of scale.</em>

<em>2</em><em>. </em><em>Capital requirements</em><em>.</em>

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6 0
3 years ago
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Ksivusya [100]

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6 0
3 years ago
When might be the best time to start saving for retirement?
Vilka [71]
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7 0
2 years ago
The amount of earnings distributed to stockholders can be found in the income statement.
evablogger [386]

Answer:

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Explanation:

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This shows that Unearned Membership Revenue of $9,000 is the only valid statement.

3 0
3 years ago
The following information is available for Ivanhoe Company for 2017. Cash used to purchase treasury stock $ 167,388 Cash dividen
Kazeer [188]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
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