A bank system contains data on customers (identified by name and address) and their accounts. Each account has a balance and the

Question

3 years ago

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A bank system contains data on customers (identified by name and address) and their accounts. Each account has a balance and the

re are 2 type of accounts: one for savings which offers an interest rate, the other for investments, used to buy stocks.
a. True
b. False

Business

1 answer:

Paraphin [41] · Answer 1 · 2022-07-11T18:19:09+03:00

Answer:

a. True

Explanation:

The system of the bank contains the customers data i.e. name and the address by which they could be identified also their accounts are identified. Each and every account has the balance option also it involved two types of accounts i.e. saving that provides the rate of interest and the other one is for investment that used to purchase the stocks

Hence, the given statement is true