Question
What is the benefit of a checking account? Select a response. It allows you to save money and earn ir It helps you spend money without carry It allows you to spend money and pay the bill It helps you invest money and gain a greater return.
Solution
4.2
(258 Votos)
Silvana
Mestre · Tutor por 5 anos
Resposta
'C'
Explicação
## Step 1A checking account is a type of bank account that allows for numerous withdrawals and unlimited deposits. This means that it is designed to facilitate the spending of money, rather than saving or investing it.## Step 2Option A suggests that a checking account allows you to save money and earn interest. This is not the primary function of a checking account. While some checking accounts may offer interest, this is not the main purpose of such an account.## Step 3Option B suggests that a checking account helps you spend money without carrying it. While a checking account does allow for easy spending, this option does not capture the full functionality of a checking account.## Step 4Option C suggests that a checking account allows you to spend money and pay the bill. This is the most accurate description of the primary function of a checking account. It allows for easy spending and paying of bills.## Step 5Option D suggests that a checking account helps you invest money and gain a greater return. This is not the primary function of a checking account. While some checking accounts may offer interest, this is not the main purpose of such an account.