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sleet_krkn [62]
3 years ago
8

Why is it important to carefully read and understand a financial institution’s policies when opening a savings account?

Social Studies
2 answers:
olganol [36]3 years ago
4 0

The third alternative is the most correct (C).

When opening an account with a financial institution, it is important to read the agreement and policies of the institution to be aware of all fees charged to carry out financial operations and account maintenance.

<u>Some banks charge extra fees, often opportunistically, so it is important to thoroughly read the contract to avoid surprises and stress.</u>

kirill115 [55]3 years ago
3 0

I believe the answer is: C.It helps you identify any hidden fees or penalties associated with withdrawals and transfers.

Companies often put the hidden fees and penalties in the middle of every argument to avoid consumers' attention from it. In policies where large amount of money is involved, it is advised for you to hire a lawyer or financial experts to read these policies in order to avoid bigger loss.

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The following statement describes the difference between short-term goals and long-term goals :

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Answer:

The best explanation for this phenomenon is  <u>PRIMING</u>

Explanation:

Primingcould be defined  as a technique in which the introduction of one stimulus influences how people respond to a subsequent stimulus. Priming works by activating an association or representation in memory just before another stimulus or task is introduced.

Priming is the process by which perception or experience of an item (or person or event) leads to an increase in its accessibility and the accessibility of related material and behaviors. therefore priming is what happens when exposure to some thing influences the behavior of an individual later on, without that individual being aware that the first thing is guiding their behavior to a certain extent.

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