menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 5
  4. Exam
    Exam 5: Financial Services: Savings Plans and Payment Accounts
  5. Question
    When Interest Rates Are Rising,a Person Would Be Best Served
Solved

When Interest Rates Are Rising,a Person Would Be Best Served

Question 89

Question 89

Multiple Choice

When interest rates are rising,a person would be best served by:


A) short-term savings instruments.
B) long-term savings instruments.
C) short-term loans.
D) variable-rate loans.
E) certificates of deposit.

Correct Answer:

verifed

Verified

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

Related Questions

Q23: What is the rate an individual will

Q37: Evan Nolan is a college graduate who

Q69: A common service offered by investment companies

Q84: Neil Guest writes a check to pay

Q87: A certificate of deposit usually has:<br>A)a high

Q90: A person borrows $200 from a payday

Q91: A saver will usually receive the highest

Q92: The more frequent the compounding,the less a

Q94: The Expedited Funds Availability Act requires that

Q101: An advantage credit unions may have over

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