Question

which of the following is not a common feature of a financial institution? access to investment products paper checks access to atms direct deposit which of the following statements about check cashing companies is true? they have limited operating hours during the day. sometime they offer free services. they charge high fees. they delay when you can access your cash. which type of bank account typically offers the least (if any) interest? checking account savings account money market account certificate of deposit (cd)

Explanation:

1. Financial institutions commonly offer access to investment products, access to ATMs, and direct - deposit services. While paper checks are still used, their usage has declined and they are not as universal a feature as the others.
2. Check - cashing companies are known for charging high fees for their services. They often operate extended hours, rarely offer free services, and do not typically delay access to cash once the check is cashed.
3. Checking accounts are mainly for day - to - day transactions and typically offer the least interest compared to savings accounts, money market accounts, and certificates of deposit.

Answer:

1. paper checks
2. They charge HIGH fees.
3. checking account