18. Opening a Savings Account

A: I'd like to open another account.
B: That's great. What kind of account would you like to open?
A: I already have a checking account here.
B: So would you like to open a savings account?
A: Will I earn interest on the savings account?
B: As long as you make regular deposits and do not make withdrawals.
A: What is the interest rate?
B: You will earn one percent interest per month.
A: Can I transfer money from my checking account?
B: Of course you can. We can even set it up so it happens automatically.
A: Are there any fees?
B: There is a one-time $10 service fee.


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