Multiple Choice
The storage of funds for future use is a purpose of ________,which include savings accounts and certificates of deposit.
A) trust
B) borrowing
C) credit card
D) time deposits
E) cash checking
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: Which law requires financial institutions to disclose
Q20: When preparing a bank reconciliation,outstanding checks should
Q21: Savers should do which of the following
Q22: Which type of organization does not provide
Q23: What is the rate an individual will
Q25: David Wynn gets an auto loan from
Q26: Which of the following institutions is organized
Q27: When preparing a bank reconciliation,interest earned on
Q28: Brad Kellogg maintains a monthly balance in
Q29: The purpose of a "special endorsement" is