Answer:
The answer is C. save the entire amount for unexpected expenses and begin saving for a vacation
Explanation:
- <u>That would be a smooth move and a choice that you wont regret.</u>
B. would be the correct answer
Capitalized financial institution has more to lose if it fails and thus is less likely to pursue risky activities.
A financial institution, sometimes called a banking institution, is a company that acts as an intermediary in various types of financial currency transactions.
A Financial Institution (FI) is an entity that engages in financial and monetary transactions such as deposits, loans, investments and exchanges.
A bank is a financial institution authorized to accept deposits and make loans. There are different types of banks such as retail banks, commercial banks, and investment banks.
Major categories of financial institutions include central banks, retail and commercial banks, internet banks, credit unions, savings and loan associations, investment banks, investment companies, brokerage firms, insurance companies and mortgage lenders. .
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