Ask Question
13 December, 13:26

What does it mean for a savings account to have a minimum balance? a. If you do not keep at least that much money in the account, you will be assessed fees. b. If the amount of money you have in the account drops below the minimum, the interest rate will increase to replenish your savings to the minimum. c. You must have the minimum amount of money in a separate account before you are allowed to open a savings account. d. You must deposit that much money into the account every month or your account will be closed.

+5
Answers (1)
  1. 13 December, 15:39
    0
    The answer is A because that is the least amount of money you should have
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What does it mean for a savings account to have a minimum balance? a. If you do not keep at least that much money in the account, you will ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers