Question

i could use some help

Answer 1

1. When someone overdrafts, it means that a bank lets you purchase/pay for something even if you did not have enough money to buy the thing. (You go into a negative balance) - This should help you infer as to why there is a fee for temporarily borrowing money from the bank

2. Bound check? This is related to not having enough money to buy something. A check can "bounce" if you don't have enough money to pay for something. - now consider how someone would avoid that fee s:

3. Methods of payment: Consider how someone gets paid for work. What do you believe are the 3 methods?

4. How to avoid fees: Your bank should let you know what kinds of fees they can charge you for their services. They will usually be on their site and will be shown when you open an account (be sure to read the paperwork!)

5. Online vs standard in-person. Why would someone prefer to go to an online bank? Consider how easy it would be to reach one compared to another. It is also worth noting if an online bank has to pay to have its physical location (how would that affect costs?)

Answer 2

i need help again