Funds in a ____ must remain on deposit for the stated time period in order to avoid an interest penalty.
A) certificate of deposit
B) U.S. Treasury bill
C) checking account
D) mutual fund
E) regular savings
Correct Answer:
Verified
Q98: Commercial banks are insured by the
A)Financial Deposit
Q99: John Anderson deposited $10,000 in a CD
Q100: Christina works at a company that offers
Q101: .When reporting errors or unauthorized transactions,it is
Q102: The interest earned on your Series EE
Q104: A check you issued has been stolen.You
Q105: An asset management account provides a
A)checking account.
B)money
Q106: You have $900 in your checking account
Q107: When doing a bank reconciliation,interest earned on
Q108: You have $450 in your checking account
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents