menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Financial Planning Study Set 1
  4. Exam
    Exam 4: Managing Your Cash and Savings
  5. Question
    One Could Expect to Earn a Higher Rate of Interest
Solved

One Could Expect to Earn a Higher Rate of Interest

Question 80

Question 80

True/False

One could expect to earn a higher rate of interest on a certificate of deposit than on a checking account.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q75: Choose the word or phrase in [

Q76: The stated interest rate on your account

Q77: Credit unions typically pay higher rates of

Q78: You put $1,000 into a 12-month certificate

Q79: Connie Shockey wants to put funds in

Q81: Money market deposit accounts are insured by

Q82: An asset management account provides a<br>A)checking account.<br>B)money

Q83: Joe Gustafson is a very busy person

Q84: Lower borrowing costs encourage the substitution of

Q85: A regular savings account is a time

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines