{{B}}? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ?
? ? ? ? Saving Money{{/B}} ? ?Where you save your
money often depends on what you are saving for. If you are saving to buy a
dictionary or to go to a concert, then probably keep your money somewhere in
your room. ? ?if you are saving for a big purchase like a mountain
bike or a school trip, where would you save your money? ? ?One
place to save money is the bank. Putting your money in a savings account will
help your money earn more money. If you put your money in a piggy bank (猪形储蓄罐),
one year later you’ll still have the same amount of money you put in. If you put
your money in a savings account, one Year later, you’ll have more money than you
put in. Why? ? ?When you keep your money in a bank, your money
earns interest. Interest is the amount of money a bank pays you to use your
money. The bank uses your money (and the money of other people, too) to loan
money to people and businesses. ? ?The bank will send you a
statement several times a year. A bank statement tells you how much money there
is in your account. It also tells you how much interest you have earned. If you
leave your money in the bank, you can watch it growl ? ?Another way
you can save money is to buy a certificate of deposit or CD. If you have some
money that you don’t need to use for a long time, this is a good way to make
your money grow. ? ?You can buy a CD at a bank. You agree not to
use the money for a certain period of time. That period might be from six months
to five years. You can’t touch your money during that time. If you do, you must
pay a penalty, or fee. ? ?Since the bank is using your money for
that time period, it will pay you interest. You will earn more interest with a
CD than in a savings account. Can you guess why? It’s because you promise to
leave your money in the bank for a certain period of time. Banks pay different
rates of interest. So, you may want to compare rates in newspaper ads before
buying a CD.
{{B}}? ? ? ? ? ? ?
? ? ? ? ? ? ? ? ? ? ?
? ? ? ? Saving Money{{/B}} ? ?Where you save your
money often depends on what you are saving for. If you are saving to buy a
dictionary or to go to a concert, then probably keep your money somewhere in
your room. ? ?if you are saving for a big purchase like a mountain
bike or a school trip, where would you save your money? ? ?One
place to save money is the bank. Putting your money in a savings account will
help your money earn more money. If you put your money in a piggy bank (猪形储蓄罐),
one year later you’ll still have the same amount of money you put in. If you put
your money in a savings account, one Year later, you’ll have more money than you
put in. Why? ? ?When you keep your money in a bank, your money
earns interest. Interest is the amount of money a bank pays you to use your
money. The bank uses your money (and the money of other people, too) to loan
money to people and businesses. ? ?The bank will send you a
statement several times a year. A bank statement tells you how much money there
is in your account. It also tells you how much interest you have earned. If you
leave your money in the bank, you can watch it growl ? ?Another way
you can save money is to buy a certificate of deposit or CD. If you have some
money that you don’t need to use for a long time, this is a good way to make
your money grow. ? ?You can buy a CD at a bank. You agree not to
use the money for a certain period of time. That period might be from six months
to five years. You can’t touch your money during that time. If you do, you must
pay a penalty, or fee. ? ?Since the bank is using your money for
that time period, it will pay you interest. You will earn more interest with a
CD than in a savings account. Can you guess why? It’s because you promise to
leave your money in the bank for a certain period of time. Banks pay different
rates of interest. So, you may want to compare rates in newspaper ads before
buying a CD.
If you draw your money before it is due,
A.you have to pay interest to the bank. B.you have to close your account. C.you have to open a new account. D.you have to pay a penalty or fee.