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Question
question 6 of 10
what is one benefit of a savings account?
○ you can track expenses through your checkbook.
○ you can earn interest on the money in the account.
○ you can use a debit card to pay for purchases.
○ you can use it to pay for daily expenses.
Brief Explanations
Savings accounts are designed to help grow funds over time, and a core benefit is earning interest on deposited money. The other options describe features of checking accounts, which are for daily transactions, tracking expenses, and debit card use.
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You can earn interest on the money in the account.