MindTap for Garman/Forgue's Personal Finance Tax Update, 13th Edition [Instant Access], 2 terms
MindTap for Garman/Forgue's Personal Finance Tax Update, 13th Edition [Instant Access], 2 terms
13th Edition
ISBN: 9780357438909
Author: Garman; E. Thomas; Forgue; Raymond
Publisher: Cengage Learning US
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Chapter 5.1, Problem 3CC
Summary Introduction

To Explain: Depository institution where one could open a checking account.

Concept Introduction: Checking account is a type of bank account that allows easy access to the money. It is that account from which most of the financial transactions happen. These transactions are debit from the account when credit deposited in the account.

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What Is A Checking Account?; Author: The Smart Investor;https://www.youtube.com/watch?v=vGymt1Rauak;License: Standard Youtube License