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Which One of the Following Is True for a NOW

Question 99

Multiple Choice

Which one of the following is true for a NOW account?


A) It is an interest-earning checking account that requires a minimum balance.
B) It is an account that charges a fee for each check written and does not require a minimum balance.
C) It is a non-interest earning account.
D) All of these are true.
E) None of these are true.

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