There are several steps to opening a savings account. Select all of these steps.

1 answer:

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Opening a savings account is similar to opening a checking account. After you've compared your options for a savings account and selected the best account for you, follow these steps:

Gather the required information: date of birth, Social Security number, home address, and telephone number.

Choose a director for the account. If you are under the age of 18, you'll need a director on the account, usually a parent.

Go to the bank to sign the necessary bank forms. The director of the account must sign the forms, as well.

Fill out a deposit slip and deposit at least the minimum amount of money.

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<h3>What is production?</h3>

Production is a process where an entity changes the raw materials into a saleable product through the use of machinery.

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