Ngpf checking - Study guides, Class notes & Summaries

NGPF-Checking Questions and Answers 100% Solved checking account ️️A bank account from which payments can be ordered by a depositor Ways to get money out of a checking account ️️write checks debit cards ATM withdraw from a bank branch online bill pay transfer fund electronically debit card ️️A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder Automatic Teller Machine (ATM) ️️A computer terminal used to conduct b...

NGPF-Checking Exam Study Guide. Checking account - answerA bank account from which payments can be ordered by a depositor Ways to get money out of a checking account - answerwrite checks debit cards ATM withdraw from a bank branch online bill pay transfer fund electronically debit card - answerA bank card that automatically deducts the amount of a purchase from the checking account of the cardholder Automatic Teller Machine (ATM) - answerA computer terminal used to conduct banking tr...

ees listed on a bank statement - Answer overdraft fees ATM fees service charges overdraft protection - Answer an automatic loan made to an account if the balance will not cover checks written

4A - Types of Credit NGPF Credit - answerAny arrangement where you get "stuff" (money, goods, services), and agree to pay for it in the future Loan - answerAn agreement where you are credited with a fixed amount (usually of money) for a fixed period of time, usually with interest Interest Rate - answerThe percentage charged for the privilege of borrowing money Principal - answerThe amount you borrow Term - answerThe amount of time you have to repay your principal Collateral - answerSom...

NGPF-Checking Exam With Questions And Answers @ 2024 ...