PERSONAL FINANCE
PERSONAL FINANCE
5th Edition
ISBN: 9781308498706
Author: Kapoor
Publisher: McGraw Hill
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Chapter 5, Problem 4FPA
Summary Introduction

To explain:

The comparison among the various savings plans offered by the different financial institutions.

Introduction:

Financial services refers to those services which facilitate the finance related safety, security and availability to an individual. There are many financial services available in the market such as commercial banking services, investment banking services, foreign exchange services and investment services.

Financial institutions refer to those institutions which provide the finance related services such as money deposit, safety and security, investment facility, and loan facility.

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