Which of these is an advantage of checking accounts? checking accounts prevent the customer from having overdraft fees. checking accounts allow convenient ways to deposit or withdraw funds. checking accounts are processed immediately so customer and bank records always match. checking accounts offer limited checks but offer higher rates of interest.

Question: Which of these is an advantage of checking accounts? checking accounts prevent the customer from having overdraft fees. checking accounts allow convenient ways to deposit or withdraw funds. checking accounts are processed immediately so customer and bank records always match. checking accounts offer limited checks but offer higher rates of interest.

Option:

1. Checking accounts prevent the customer from having overdraft fees.

2. Checking accounts allow convenient ways to deposit or withdraw funds.

3. Checking accounts are processed immediately so customer and bank records always match.

4. Checking accounts offer limited checks but offer higher rates of interest.

Answer: The advantage of checking accounts from the given options is: 2. Checking accounts allow convenient ways to deposit or withdraw funds. is right answer.

Explanation: Checking accounts provide a convenient way for customers to deposit and withdraw funds using various methods, such as writing checks, using ATMs, or online transfers. This flexibility and accessibility make checking accounts a popular choice for individuals and businesses who need regular access to their funds for daily transactions.