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    Exam 5: Financial Services: Savings Plans and Payment Accounts
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    The Storage of Funds for Future Use Is a Purpose
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The Storage of Funds for Future Use Is a Purpose

Question 24

Question 24

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:

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