Everfi Module 1 Questions & Answers | 30 Questions with 100% Correct Answers | Updated & Verified
which of the following is NOT a common feature of a financial institution? - ANS - access to investment products, investment trading, access to investment advice which of the following statements about check cashing companies is TRUE? - ANS - they charge high fees which of the following financial institutions typically have the highest fees? - ANS - check cashing and payday loan companies which of the following statements about check cashing companies is FALSE? - ANS - they charge low fees which type of bank account typically offers the least (if any) interest? - ANS - checking account savings accounts typically offer more interest than what type of account? - ANS - checking account which type of bank account is best for everyday transactions? - ANS - checking account t/f: a savings account that compounds interest daily will earn a higher return than a savings account that pays simple interest daily - ANS - true which savings account will earn you the least money? - ANS - one that earns simple interest monthly
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everfi module 1 questions amp answers | 30 questions with 100 correct answers | updated amp verified
