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    Personal Finance Study Set 15
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    Exam 5: Financial Services: Savings Plans and Payment Accounts
  5. Question
    A "No-Fee" Checking Account That Requires a Non-Interest-Earning Minimum Balance
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A "No-Fee" Checking Account That Requires a Non-Interest-Earning Minimum Balance

Question 4

Question 4

True/False

A "no-fee" checking account that requires a non-interest-earning minimum balance of $500 has an opportunity cost of lost interest earnings.

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