Sara is the manager of a small bank. As she looks over the reports on the performance of the bank from the previous year, she sees that checking accounts are generally less profitable for the bank than savings accounts. Why would she continue to allow her bank to offer checking accounts?

Select the best answer from the choices provided.
The bank makes money on fees they charge if you write a check for more money than you have in the account.
Customers need ways to access their money more easily than going to the bank to withdraw it.

Question

Sara is the manager of a small bank. As she looks over the reports on the performance of the bank from the previous year, she sees that checking accounts are generally less profitable for the bank than savings accounts. Why would she continue to allow her bank to offer checking accounts?


Select the best answer from the choices provided.
The bank makes money on fees they charge if you write a check for more money than you have in the account.
Customers need ways to access their money more easily than going to the bank to withdraw it.

anonymous · Answer

c)The bank makes money on the fees that it charges stores for the convenience of accepting checks.
The federal government mandates that banks offer checking accounts to their clients.

anonymous · Answer

I would think A or C because in both of these cases they make money.

anonymous · Answer

Thank you

anonymous · Answer

How are hourly wages and salary different?

Salary is less money than hourly wages.
Salary is more money than hourly wages.
Salary is pay for a fixed number of hours; hourly wages are pay for a variable number of hours.
Salary is a fixed amount per year; hourly wages are a fixed amount per hour.
@orangemaster I say d

anonymous · Answer

@Sdelgado95 I would say D as well but that is just my opinion

anonymous · Answer

I think I'll stick with it thank u @themicronic

anonymous · Answer

Yes, D is correct.