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    Personal Financial Planning Study Set 1
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    Exam 4: Managing Your Cash and Savings
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    You Put $1,000 into a 12-Month Certificate of Deposit
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You Put $1,000 into a 12-Month Certificate of Deposit

Question 78

Question 78

True/False

You put $1,000 into a 12-month certificate of deposit.After seven months,you really need the money.The bank will let you have it before 12 months,but you will pay a penalty.

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