Math, asked by jerina36, 3 months ago

bank does not give any interest on the money deposited

in ______account​

Answers

Answered by mamtashukla97
2

Answer:

Current account does not earn any interest on the money deposited. It is opened by businesses who have a higher number of transactions. There is no restriction on the number of times deposits or withdrawals that can be made.

Answered by prince887748
1

Answer:

The bank pays interest on savings account deposits at a nominal rate, say 4% p.a. The bank does not pay interest on current account deposits.

Step-by-step explanation:

Hope it will help you

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