ECONOMICS
CREDIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Total money earned before taxes are paid.
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Withdraws money from the bank account immediately.
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Money is owed.
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Total money earned.
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Detailed explanation-1: -It allows them to access funds in the account, either as cash from an ATM or to buy goods or services, like a credit card. Funds are deducted immediately, or within a short time frame, so the amount available to spend reflects the amount in the linked account.
Detailed explanation-2: -Debit cards take money out of your checking account immediately. Debit cards let you get cash quickly. You can use your debit card at an automated teller machine, or ATM, to get money from your checking account. You also can get cash back when you use a debit card to buy something at a store.
Detailed explanation-3: -To easily withdraw from or deposit cash to your checking account, you can use your debit card at an ATM. The first thing you need to do is insert your debit card into the ATM. Next, for security purposes, you will be prompted to enter the PIN number you chose for the card.
Detailed explanation-4: -If you use your debit card to make a purchase from a vendor, or withdraw cash from an ATM, the transaction amount will reduce your available Checking balance immediately. Withdrawals to your connected funding account generally take 1 to 2 business days to fully complete. In some situations, withdrawals may take longer.