6.4 Where to Save
Authored by Michael Driscoll
Business
9th Grade
Used 2+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An account that earns a little interest an dis good for storing your $$ for future purchases...
Checking Account
Savings Account
Money Market Account
Certificate of Deposit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An account that usually pays higher interest, but locks your $ away for a set period of time.
Certificate of Deposit
Checking Account
Money Market Account
Savings Account
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An account that is great for spending money. It doesn't pay interest, but comes with a debit card.
Checking Account
Money Market Account
Savings Account
Certificate of Deposit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An account that pays higher interest and sometimes comes with a checkbook. However typically requires you to have a high minimum ($5,000-$10,000)
Money Market Account
Checking Account
Savings Account
Certificate of Deposit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account is the MOST liquid?
Checking
Savings
Money Market
Certificate of Deposit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is the LEAST liquid?
Certificate of Deposit
Money Market
Checking
Savings
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