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
    Purchasing a New CD Upon Maturity of the Current CD
Solved

Purchasing a New CD Upon Maturity of the Current CD

Question 42

Question 42

Multiple Choice

Purchasing a new CD upon maturity of the current CD is commonly referred to as:


A) creating a CD portfolio.
B) rolling over.
C) refinancing.
D) calling a CD.
E) bumping up.

Correct Answer:

verifed

Verified

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

Related Questions

Q24: The storage of funds for future use

Q37: A debit card deducts the amount of

Q38: A $200 savings account that earns $13

Q40: David Wynn gets an auto loan from

Q43: Checking accounts are frequently referred to as

Q43: The business hours and location of a

Q46: A regular savings account usually offers a

Q50: To avoid high fees for cash loans,a

Q87: Using a debit card to make purchases

Q90: Which of the following is a user-owned,nonprofit,cooperative

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