Which type of checking account pays interest on the mean balance of the account during a particular cycle? Minimum balance account Average balance account Cost-per-check account Free account
Which type of checking account pays interest on the mean balance of the account during a particular cycle? Minimum balance account Average balance account Cost-per-check account Free account
Chapter3: Setting Up A New Company
Section: Chapter Questions
Problem 6Q
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Question
Which type of checking account pays interest on the mean balance of the account during a particular cycle?
Minimum balance account
Average balance account
Cost-per-check account
Free account
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