Chapter 15, Problem 2AA

To determine

To choose: the correct word that completes the given sentence.

Answer to Problem 2AA

The appropriate word that completes the given sentence is precise.

Explanation of Solution

Banks are a very significant component of the economy, as they give both consumers and company’s vital services. Banks give customers a safe place to deposit their money. They can perform regular banking transactions including deposit, withdrawals, check writing, and bill payments via a number of account forms such as checking and savings accounts, and certificates of deposit (CDs).