Friday, December 11, 2009

Savings

Name and describe two different type of savings accounts.

8 comments:

  1. Three types of savings accounts are Money market savings, Cd's (certificate of deposit), and Regular savings accounts.

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  2. There are two bank accounts Money Market and Certificate of Deposit. The Money Market is your interest rate increases as your balance increases. The CD's is which the bank pays you a set of interest rate on a set amount of money over a predetermined period of time. That if you leave in there for a long period of time without touching it then you would have a higher interest then what you would in a regular interest.

    Chanice
    3/9/10
    1st period

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  3. There are many types of saving acounts. you can decrease you acount and increase your account.. my bro just got a savings account on his birthday.. his name is tyler rentz... he calls hiself poetcdecision because he does poems and raps.. the reason he has an account is so he can put his money into the account... he turned sixteen so that is why he has an account..

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  4. There are two different types of saving acounts, they are Regular Savings and Money Market Savings. In Regular Savings you earn interest on your balance. In Money Market Savings your interest rate increases as your balance increases.

    Janiyah
    1st period
    3/9/10

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  5. TWO TYPES OF BANK SAVING ACCOUNTS ARE MONEY MARKET SAVINGS WHICH YOUR INTEREST RATE INCREASES AS YOUR BALANCE INCREASES, REGULAR SAVINGS WHICH YOU EARN INTEREST ON YOUR BALANCE, AND YOU VAN ACCESS YUOR MONEY ANYTIME.

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  6. A savings acount can come in handy like thats just like if your not so good with money you can put your money in a savings acount.

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  7. There are two different types of saving accounst are Regular Savings is like when you earn on your balanceand you can acess you money. The other one is MOney Market Savings is like your intrest rate increases,or your intrest rate changes more often as the economy changes,also you can access your money anytime, including by check.

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  8. money market saving is your interest rate increases as your balance increases. you interest rate changes more often as the economy changes. you can acces your money any including by cheek.certificate of deposit is when you are depositing money out your bank account.
    jeffrey rhodan
    march 9,2010

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