Question: Describe the features of an AMA its advantages and its
Describe the features of an AMA, its advantages, and its disadvantages.
Answer to relevant QuestionsBriefly describe(a) Debit cards(b) Banking at ATMs(c) Preauthorized deposits and payments(d) Bank-by-phone accounts(e) Online banking and bill-paying services.What type of information is found in the monthly bank statement, and how is it used? Explain the basic steps involved in reconciling an account.What type of bank serves your needs best? Visit the Web sites of the following institutions and prepare a chart comparing the services offered, such as traditional and online banking, investment services, and personal ...1. Calculate the annual cost of each of the three accounts, assuming that Judith’s banking habits remain the same. Which plan would you recommend and why?2. Should Judith consider opening the interest checking account and ...What are closing costs, and what items do they include? Who pays these costs, and when?
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