(a) Explain what a checking account transfer is and (b) explain how it helps you save.

Business

1 answer:

jok3333 [9.3K]3 years ago

8 0

Answers with Explanation:

1. A checking account transfer means that you are moving your money from your checking account to another bank account. This bank account could be yours or another person's. It is often done online.

2. A "checking account" allows a person to automatically transfer his money to his savings account on a regular basis or on a schedule. For example, a person has funds sitting on his checking account, some of these funds will be automatically transferred to his savings account. This gives him no excuses not to save money. Setting this up is conveniently done during paydays but may also be done on other days.

You might be interested in

Which section of a research poster or paper allows other scientists to repeat an experiment?

Triss [41]

The section of a research poster or paper that allows other scientists to repeat an experiment is: The method sections
In method sections, a researcher could write a thorough explanation on how he/she conducted the experiment. It's being done so the readers could check the validity of the results

7 0

3 years ago

GDP is the market value of: A. Resources (land, labor, capita, and entrepreneurship) in an economy in a given year B. All final

frutty [35]

Answer:

B) All final goods and services produced in an economy in a given year

Explanation:

That's the definition of GDP, gross domestic product. By virtue of the name, it's the total product (output) of a given economy. It's measured through the values of all final goods and services, so as to not count the same good or service twice.

3 0

3 years ago

The Jones family has a disposable income of $90,000 annually. Assume that their marginal propensity to consume is 0.8 (the Jones

oksian1 [2.3K]

The Jones Family has an annual consumer spending of $82,000. This is calculated using this formula: C = A +MD where C is the consumer spending, A is the autonomous consumption spending, M is the marginal propensity to consume, and D is the disposable income. Thus, the calculation is C = $10,000 + (0.8)($90,000). Giving C a value of $82,000.

6 0

3 years ago

When the economy is at its highest level of expansion, it is said to have reached its _____. trough contraction peak none of the

Alex_Xolod [135]

When the economy has reached its peak

6 0

3 years ago

The chart indicates the roles of four individuals in the Transportation and Logistics career cluster.

Lady bird [3.3K]

Answer:

Amata is a Traffic Technician, Zeke is a Travel Clerk, Diego is an Automotive Master Mechanic, and Elina is a Logistics Manager.

Explanation:

Traffic Technician prepares graphs, charts, analyzes traffic control policies , plans, accident rates, etc.

Travel Clerk gives travel suggestions, guides, brochures, contacts hotels, motels, etc.

Automotive Master Mechanic tests drives vehicles , engines , repairs, replace, etc.

Logistics Manager deals with customers , sales , orders and shipping.

The Transportation, Distribution, and Logistics Career Cluster has seven career cluster pathways.

Transportation Operations
Logistics Planning and Management Services
Warehousing and Distribution Center Operations
Facility and Mobile Equipment Maintenance
Transportation Systems/Infrastructure Planning, Management and Regulation
Health, Safety and Environmental Management
Sales and Service

The other options given in the question are irrelevant and may not relate to the above 7 categories. For example there is no Shipping and Receiving Clerk.

8 0

3 years ago