Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: Review Section 4.4.1 of Personal Finance. What are some questions you should consider when opening a checking account?
A: Before you decide to open a checking account, there are a number of important things that you should take into consideration. Perhaps, the greatest thing to consider is where you will obtain your checking account from. [ [ Many choose to do business with a local bank; however, a local bank is not your only option. If you have not already decided on a financial institution to do business with,
you may want to examine all of your options. Different banks have different requirements and restrictions on opening a checking account. To find the best bank to do business with, you are encouraged to examine all of these requirements and restrictions. One requirement that you may find is a savings account. If you are a new customer, many banks will require you to open a savings account, as well as a checking account. If you are obtaining or have obtained a loan from the financial institution in question, you may not be required to open a savings account. As previously mentioned, all banks are likely to have their own requirements. In addition to a savings account, you may find that you need to have a certain amount of money to be able to open up a savings account. If this requirement is in place, it is often a small amount. Most banks require at least a fifty dollar deposit, but you may be able to find one with a deposit requirement as low as twenty-five dollars. You will also need to determine whether or not you will need to have a set amount of money in your account at all times. For instance, if you were required to open an account with fifty dollars, you may have to have fifty dollars in your account at all times. If you do not have the money, you may be charged a small monthly fee. While it is important to examine what you will need to have or do to open up a checking account, it is also important to examine any fees that you may be charged. Many banks have a monthly fee. This fee is often referred to as a bank service charge. As a free promotional gift, you may be able to receive a free set of checks from your bank. If this gift is available, it is often only temporary. It is likely that you will have to purchase any additional checks in the future. ]
Expert answered|nono800|Points 6|
Question
Asked 10/19/2010 9:06:26 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
what do capacity mean?
Question
Expert Answered
Updated 1/23/2014 4:28:37 PM
1 Answer/Comment
"Capacity" can mean the ability to hold something, a measure of the volume of a container, or the maximum amount that can be contained.

Added 1/23/2014 4:28:37 PM
This answer has been confirmed as correct, not copied, and helpful.
What is capacity?
Question
Not Answered
Updated 8/10/2014 12:20:21 PM
1 Answer/Comment
Capacity is the maximum amount or number that can be received or contained; cubic contents; volume.
Added 8/10/2014 12:05:16 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [8/10/2014 12:20:15 PM]
0 questions answered
Popular Conversations
Aristotle was a student of Plato's. True False
Weegy: Aristotle was a student of Plato's. TRUE.
7/9/2017 6:34:10 PM| 1 Answers
Most collisions are caused by __________ A. drivers falling asleep at ...
Weegy: Most collisions are caused by driver's attitude.
7/9/2017 4:51:29 PM| 1 Answers
k2 + 3k + 2 = (k2 + k) + 2 ( __________ )
7/8/2017 8:58:45 AM| 1 Answers
Parasite can be Protozoa,fungi, or multicellular organisms. TRUE or ...
Weegy: Parasites can be protozoa, fungi, or multicellular organisms. TRUE.
7/7/2017 6:41:18 PM| 1 Answers
Development disabilities cannot be cured. TRUE or FALSE.
Weegy: Developmental disabilities cannot be cured. TRUE.
7/7/2017 6:00:57 PM| 1 Answers
. Classification of living things takes into consideration all of ...
Weegy: Classification of living things takes into consideration all of the following except: presence of cell ...
7/5/2017 12:07:33 PM| 1 Answers
What type of disorder is myasthenia gravis? A. Inflammatory ...
Weegy: Myasthenia gravis is a type of immune disorder. User: What surgical procedure involves breaking an ankylosed ...
7/5/2017 9:35:49 AM| 1 Answers
The lungs are the primary organ of the: digestive system respiratory ...
Weegy: The lungs are the primary organ of the: respiratory system. User: Endorphins are manufactured by the brain to ...
7/5/2017 6:54:42 AM| 1 Answers
During puberty you need more food and _____ to grow. oxygen carbon ...
Weegy: During puberty you need more food and oxygen to grow. User: Each cell in your body contains chromosomes.
7/5/2017 6:43:00 AM| 1 Answers
The condition of equilibrium that results in the displacement of the ...
Weegy: The condition of equilibrium that results in the displacement of the mantle by the continental and oceanic crust ...
7/10/2017 1:50:08 PM| 0 Answers
What is another name for the Circum-Pacific Belt? A. Pacific Ring ...
Weegy: Pacific Ring of Fire is another name for Circum-Pacific Belt
7/10/2017 1:47:35 PM| 0 Answers
Weegy Stuff
S
Points 29 [Total 30] Ratings 0 Comments 9 Invitations 2 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
P
P
L
P
P
P
Points 4 [Total 1734] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.