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Luna Placed $1,000 in an Interest-Bearing Checking Account

Question 71

Multiple Choice

Luna placed $1,000 in an interest-bearing checking account. She can write as many checks as she needs to each month but must keep her balance above $500. Luna most likely opened a ________ account.


A) NOW
B) certificate of deposit
C) promissory
D) savings
E) money market

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