Which of the following may offer as high as 2 percent rate of return?
A) Passbook savings account
B) Checking account
C) Certificate of deposit
D) NOW account
E) Revolving line of credit

Question

Quizplus · Accepted Answer

Certificate of deposit (CD) is the only option that typically offers as high as a 2 percent rate of return. Passbook savings and checking accounts usually have very low interest rates, NOW accounts and revolving lines of credit do not offer interest at all.

Which of the Following May Offer as High as 2