menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
The best reason for depositing money in a bank or credit union savings account instead of keeping your money "under the mattress" is that:
asked
Jul 24, 2018
83.5k
views
4
votes
The best reason for depositing money in a bank or credit union savings account instead of keeping your money "under the mattress" is that:
Business
high-school
Yuriy Guts
asked
by
Yuriy Guts
9.1k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
Your money in a bank account or credit union can earn interest whereas your 'under the mattress' money is just sitting there.
Sam Corder
answered
Jul 31, 2018
by
Sam Corder
8.1k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Jul 20, 2021
48.6k
views
The best reason for depositing money in a bank or credit union savings account instead of keeping your money "under the mattress" is that: A. Money deposited in savings accounts are F.D.I.C. insured B.
LinusR
asked
Jul 20, 2021
by
LinusR
7.6k
points
Business
high-school
1
answer
0
votes
48.6k
views
asked
May 1, 2021
206k
views
Suppose you receive $100 for a birthday present. Instead of depositing it in a savings account and earning interest, you stick it under your mattress. Each week thereafter, you add $5 to your stash of
Elwc
asked
May 1, 2021
by
Elwc
7.3k
points
Mathematics
college
1
answer
0
votes
206k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.5m
questions
12.2m
answers
Other Questions
What is meant by data mining ?
What is the best way to describe a stock market?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
The government’s involvement in economy serves what two purposes?
Identify the advantages and disadvantages of a command economy.
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org