quiz\nquestion 1 of 8\nwhat is the benefit of a checking account?\nselect a response.\nit allows you to save…
quiz\nquestion 1 of 8\nwhat is the benefit of a checking account?\nselect a response.\nit allows you to save money and earn interest.\nit helps you spend money without carrying cash.\nit allows you to spend money and pay the bill later.\nit helps you invest money and gain a greater return.
Answer
Brief Explanations:
A checking account is mainly used for day - to - day transactions. Saving and earning interest is for savings accounts. Paying bills later is more related to credit cards. Investing for greater returns is for investment accounts. A key benefit of a checking account is the ability to spend without carrying cash, for example, through debit cards or checks.
Answer:
It helps you spend money without carrying cash.