Which of the following forms of money will earn at least some interest income?
A) gold coins
B) currency notes
C) traveler's checks
D) checkable deposits
E) gift checks

Question

Quizplus · Accepted Answer

Checkable deposits can earn interest income through savings or checking accounts offered by banks. Gold coins and currency notes do not earn interest income. Traveler's checks and gift checks are not typically used for earning interest income.

Which of the Following Forms of Money Will Earn at Least