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AlekseyPX
3 years ago
10

What is the first step you should take when you want to open a savings account?

Business
2 answers:
klasskru [66]3 years ago
8 0

The correct answer is B. Review the different savings account options that your bank offers

Explanation:

A savings account helps you to save or store money that can later be used while still earning interests. Banks and other financial institutions offer different options such as certificates of deposits, money market accounts and deposit savings accounts, each of these helps you to store money but the initial deposit, interest rates, fees, and other factors vary in each. Also, depending on the bank or financial institutions requirements and conditions are different. Due to this, one of the first steps is you want to open a savings account is to check the different options banks offer and from this, selecting the one that is more convenient for you. Also, only once you select the best options you can begin with the process of opening the account and making your initial deposit.

harkovskaia [24]3 years ago
5 0
B. Review the different savings account options that your bank offers
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