Question

(Choose all that apply)

Which of the following statements are true of checking accounts?
1. Most checking accounts pay interest on deposits.
2. When you write a check the bank takes money from your account and pays it to the person who submits the check.
3. The bank keeps track of how much money you have left in your account and sends you a statement each month.
4. A charge is usually made for this service.

Answer 1

They are all correct so it would be all of the above.

Answer 2

All of the following choices and statements are true of checking accounts so the answer would be all of the above.