A savings account is most useful in managing everyday household transactions.
Correct Answer:
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Q6: Money market mutual funds are insured up
Q8: There is a penalty for early withdrawal
Q10: Savings and loan associations (S&Ls)represent the largest
Q11: One can avoid early withdrawal penalties on
Q12: The rate of return on liquid assets
Q15: There are some limitations on check writing
Q15: Saving accounts are sometimes referred to as
Q18: Savings and loan associations (S&Ls)channel the savings
Q19: Certificates of deposit can be purchased only
Q29: Savings and loan associations usually offer non-interest
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