5.02 Savings Tools Note Taking Guide
Life Skills
9th - 12th Grade
Used 92+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the most liquid?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is designed to hold money not spent on current consumption?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which often has tiered interest rates –the amount of interest earned depends on the account balance?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account is used for a fixed period of time and allows restricted access to the funds?
Checking Account
Savings Account
Money Market Deposit Account
Certificate of Deposit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account is the least liquid?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account is effective for storing emergency funds?
Checking Account
Savings Account
Money Market Deposit Account
Certificate of Deposit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account must be held for a certain length of time (usually a couple of years)?
Checking Account
Savings Account
Money Market Deposit Account
Certificate of Deposit
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