Personal Finance (MindTap Course List)
Personal Finance (MindTap Course List)
13th Edition
ISBN: 9781337099752
Author: E. Thomas Garman, Raymond Forgue
Publisher: Cengage Learning
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Chapter 5.1, Problem 3CC
Summary Introduction

To Explain: Depository institution where one could open a checking account.

Concept Introduction: Checking account is a type of bank account that allows easy access to the money. It is that account from which most of the financial transactions happen. These transactions are debit from the account when credit deposited in the account.

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What Is A Checking Account?; Author: The Smart Investor;https://www.youtube.com/watch?v=vGymt1Rauak;License: Standard Youtube License