S Unit 2 Quiz: Lessons 2.1-2.6 | Sch, X The deadline to file your taxes is April 15th of each year and this date cannot change. OTrue O False Question 13 Billy is a freshmen at a small college. He works part time at a local coffee shop and frequently travels home a short distance to Visit his family on weekends., He has never had a bank account before, but has found that with his job and living away from home for the first time he is now in need of somewhere to keep his money safe. Based on the information above which of the following types of bank is the best ft for Billy? Explain your choice using what you know about the advantages of different types of financial institutions. Identify at least 2 advartages of the type of bank you chose and explain why Billy would benefit from them. Community Bank Online Bank • Commercial Bank

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Based on the information above which of the following types of bank is the best fit for Billy? Explain your choice using what you know about the advantages of different types of financial institutions. Identify at least 2 advantages of the type of bank you chose and explain why Billy would benefit from them.
S Unit 2 Quiz: Lessons 2.1-2.6 | Sch, X
The deadline to file your taxes is April 15th of each year and this date cannot change.
OTrue
O False
Question 13
Billy is a freshmen at a small college. He works part time at a local coffee shop and frequently travels home a short distance to Visit his family
on weekends., He has never had a bank account before, but has found that with his job and living away from home for the first time he is now
in need of somewhere to keep his money safe.
Based on the information above which of the following types of bank is the best ft for Billy? Explain your choice using what you know about the
advantages of different types of financial institutions. Identify at least 2 advartages of the type of bank you chose and explain why Billy would
benefit from them.
Community Bank
Online Bank
• Commercial Bank
Transcribed Image Text:S Unit 2 Quiz: Lessons 2.1-2.6 | Sch, X The deadline to file your taxes is April 15th of each year and this date cannot change. OTrue O False Question 13 Billy is a freshmen at a small college. He works part time at a local coffee shop and frequently travels home a short distance to Visit his family on weekends., He has never had a bank account before, but has found that with his job and living away from home for the first time he is now in need of somewhere to keep his money safe. Based on the information above which of the following types of bank is the best ft for Billy? Explain your choice using what you know about the advantages of different types of financial institutions. Identify at least 2 advartages of the type of bank you chose and explain why Billy would benefit from them. Community Bank Online Bank • Commercial Bank
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