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    Exam 5: Financial Services: Savings Plans and Payment Accounts
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    The Rate of Return on a Savings Account Is Also
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The Rate of Return on a Savings Account Is Also

Question 38

Question 38

Multiple Choice

The rate of return on a savings account is also referred to as:


A) liquidity.
B) compounding.
C) yield.
D) opportunity cost.
E) asset turnover.

Correct Answer:

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