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There are two main reasons as to why people would save their money in a financial institution like a bank. They are:
a. For safekeeping. Keeping a lot of money at home is not safe whereas banks and their vaults are very safe
b. To earn an interest - Banks pay us an interest for having us deposit our money with them. This is an added incentive for people to park their savings with banks.
What else can I help you with?
How would a business acquire assets financing?
To acquire asset financing, a business needs to speak to someone at a financial institution such as a bank. There, an adviser can determine if financing is possible.
What is needed for PC financial?
PC Financial is a banking institution that is international. They offer their services to a large variety of countries however I couldn't find any United States services. You would need money and to live in another country.
The financial institution most likely to charge the highest rate for a loan would be a?
U
How can I add money to a CD?
To add money to a Certificate of Deposit (CD), you can make a deposit at your bank or financial institution. Simply visit the bank and inform the teller that you would like to add funds to your CD account. They will assist you in completing the transaction.
Which of these would be associated with financial cost?
money
What is a good source for free financial advice?
I would be very cautious when it comes to free financial advice. However, if you have a financial institution with whom you have a loan, bank account or other financial dealings, I would go to them for advice. They are someone who would have something to loose if they have out poor financial advice.
How can someone understand retirement annuity?
Retirement annuity is hard to understand and I would recommend going to your financial institution and contacting a financial planner. They offer free help with this.
Can you transfer a car loan to someone else?
The financial institution would have to approve the credit score of the other party in order to proceed with the transfer.
Is the company Premier World Financial a legitimate company or a scam?
I have invested and received money from this institution so I would hope so, why would this even come up? Do tell.
How would a business acquire assets financing?
To acquire asset financing, a business needs to speak to someone at a financial institution such as a bank. There, an adviser can determine if financing is possible.
What is needed for PC financial?
PC Financial is a banking institution that is international. They offer their services to a large variety of countries however I couldn't find any United States services. You would need money and to live in another country.
The financial institution most likely to charge the highest rate for a loan would be a?
U
Where can I find a financial adviser online?
I would recommend visiting a bank location to find a financial advisor. When it comes to money, it's a lot better to approach someone in person instead of looking for a financial advisor online.
Where can someone find information about investment mortgages?
There are many places one might go to find information about investment mortgages. The most reputable resource would be from one's local financial institution.
How can I add money to a CD?
To add money to a Certificate of Deposit (CD), you can make a deposit at your bank or financial institution. Simply visit the bank and inform the teller that you would like to add funds to your CD account. They will assist you in completing the transaction.
What would be the three most important things you would look for in a depository institution?
Where your money is going, If you have access to your money, and if you ca use your money.
What is the difference between financial instrument and financial markets?
A financial market is where all the stock trading takes place and investments in stocks, shares and IPOs takes place while a financial institute can be a bank, a brokerage house or a currency exchange office.
