quiz question 1 of 8 what is the benefit of a checking account? select a response. it allows you to save…
quiz question 1 of 8 what is the benefit of a checking account? select a response. it allows you to save money and earn interest. it helps you spend money without carrying cash. it allows you to spend money and pay the bill later. it helps you invest money and gain a greater return.
Answer
Brief Explanations:
A checking account is mainly used for day - to - day transactions. It enables spending without carrying physical cash, through methods like writing checks or using a debit card. Saving with interest is more of a savings account feature, paying bills later is a credit - related concept, and investing for greater return is for investment accounts.
Answer:
It helps you spend money without carrying cash.