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Money Basics
By Miguel Gonzalez
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Last updated over 2 years ago
4 questions
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Question 2
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Question 3
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Question 4
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What is a Bank?
A financial institution licences to take money and make loans
A store that prints money
A business that buys goods and services and re-sells them to customers
What is a savings account?
An account used to hold money that earns interest over time
A business account used to pay bills
A scam
What is a checking account?
A money account used to make deposits and withdrawals
A business acccount used to buy homes
An account used to hold money that earns interest over time
What is a Credit Card?
A savings account on a financial institution that saves money now so you can use it later
An account that saves you money
A service that allows you to pay for things
A plastic card issued by a financial institution that allows you to buy now and pay later