A _____ account is an interestearning account that is intended to satisfy obligations that your checking account cannot handle.
A) debit
B) savings
C) joint
D) correspondent

Question

A _____ account is an interest­earning account that is intended to satisfy obligations that your checking account cannot handle.
A) debit
B) savings
C) joint
D) correspondent

Quizplus · Accepted Answer

A savings account is typically used to save money and earn interest, but it can also be used as a backup account to cover any expenses that cannot be covered by your checking account. A debit account is another name for a checking account, a joint account is a type of account that is shared between two or more people, and a correspondent account is a type of account that banks use to conduct transactions with each other.

A _____ Account Is an Interest­earning Account That Is Intended

A _____ Account Is an Interestearning Account That Is Intended