Select the correct answer.
John is a successful businessman. He always maintains a high bank balance. Hence the bank pays him interest. John uses this account frequently for various purchases. What type of bank account does John have?
A.
checking account
B.
money market account
C.
savings account
D.
certificate of deposit
E.
interest-bearing checking account

Answers

Answer 1

Answer:

E. interest-bearing checking account

Explanation:

This also gives you the chance to make withdrawal


Related Questions

Other Questions
Under IFRS, when a lessee recognizes a balance sheet asset and liability for a new lease: the asset and liability are equal. the asset is typically greater than the liability. the liability is typically greater than the asset. Select all the statements that are true of Spanish-speaking countries. El gazpacho es una sopa espaola.Las enchiladas es una comida mejicana.Las enchiladas son una comida argentina.El gazpacho es una comida argentina. discribe two ways to zoom in and out from an image The manager of the bank where you work tells you that your bank has $6 million in excess reserves. She also tells you that the bank has $400 million in deposits and $362 million in loans. Given this information you find that the reserve requirement must be How much is the bill for a person who uses 560 kwh in a month? why is it difficult to undergo nucleophilic substitution in haloarene? Question 6 of 10How did the George W. Bush administration convince Congress and theAmerican people to invade Iraq?A. By claiming Sunnis needed U.S. assistance against Shiites, whowere a threat to national securityB. By claiming Osama bin Laden was being protected by Iraq, whichwas a threat to national securityC. By claiminghaq had weapons of mass destruction, making it athreat to national securityD. By claiming Saddam Hussein would invade Iran, which in turnwould be a threat to national securitySUBMIT Thank you so much thank yall for your help I need help please Brainly fam A friend wants to borrow money from you. He states that he will pay you $4,700 every 6 months for 9 years with the first payment exactly 2 years and six months from today. The interest rate is an APR of 5.8 percent with semiannual compounding. What is the value of the payments today Question 14(Multiple Choice Worth 3 points)(03.05 LC)In Triangular Trade, what goods were brought from North America to England? Slaves Lumber and fish Cloth, iron, glass, guns Sugar, tobacco, cotton, wood How do protist get inside the gut of a termite? A baseball pitcher wants to impress his girl-friend with how strong his throwing arm is. On which of the following bodies would the pitcher be MOST likely to be able to throw a baseball (a fast ball) so fast it would actually go into orbit? A) Earth B) Mars C) Ganymede D) Titan E) asteroid Ida Inc. has just now paid a dividend of $2.50 per share (Div0); its dividends are expected to grow at a constant rate of 4 percent per year forever. If the required rate of return on the stock is 14 percent, what is the current value of the stock, after paying the dividend?a. $26 b. $25 c. $17.86 d. $21.33 Please select the word from the list that best fits the definitionenforced laws and collected taxes in Spartasatrapsphilosophersephorsoligarchy20PericlesDoriansSpartanspolisagoraMark this and returnSave and ExitNextSubmit Bonita Industries has several outdated computers that cost a total of $18400 and could be sold as scrap for $6400. They could be updated for an additional $3100 and sold. If Bonita updates the computers and sells them, net income will increase by $9000. At what price were the updated versions sold?a. 13,400b. 6600c. 6800d. 8000 ZDAC = ZBAD.What is the length of BD?Round to one decimal place. Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center A Investment Center B Investment center income$525,000 $635,000 Investment center average invested assets$4,600,000 $3,050,000 The return on investment (ROI) for Investment Center A is:________. A square has a perimeter of 80 m. What is the length of each side? Please help any one its urgent the question is given below . If you gave me correct answe're I will mark as brainliest.