Ramsey Test 8 Questions And Answers With Latest Solutions
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Course
Ramsey
Institution
Ramsey
Ramsey Test 8 Questions And Answers With Latest Solutions
A debit card, ATM access, payroll direct deposit, and checks are basic features of ___________. ANS A checking account
Overdraft protection sounds like a good idea . . . ANS But you have to pay back the deposited money with interest
...
Ramsey Test 8 Questions And Answers With Latest
Solutions
A debit card, ATM access, payroll direct deposit, and checks are basic features of ___________.
ANS A checking account
Overdraft protection sounds like a good idea . . . ANS But you have to pay back the deposited
money with interest
A bank can help you _____ your money and keep it _____. ANS Manage; safe
An easy way to avoid ending up with errors in your checking account is to simply . . . ANS
Monitor your account at least twice a week
A savings account is for ___________. ANS Long-term savings goals
Verifying your bank's online account statements for accuracy is called ____________. ANS
Reconciling your account
Make sure your bank has plenty of ______ and ______. ANS ATM locations; a mobile banking
app
Liquidity is . . . ANS How quickly and easily you can access your money
What does it mean to be blacklisted by a bank? ANS The bank doesn't allow you to open an
account because you handled money poorly in the past and couldn't pass their financial background
check.
Some of the services banks offer include . . . ANS Mortgages, check writing, and debit cards
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