Banking, Book 2, Unit 04, Certificates of Deposit

You can purchase a(n) _____ that matures in 5 years.

• Certificate of Deposit

• interest rate

• fixed rate

• adjustable rate

The return on a(n)_____ investment is uncertain.

• fixed rate
• variable rate
• rate of return
• early withdrawal

Avoid _____ if you don’t want to be penalized.

• refinance
• renew
• roll over
• early withdrawal

_____ CDs are a very safe investment.

• personal loan
• closing cost
• Insured
• home loan

With a(n)_____, the CDs mature at different times.

• ladder
• reinvest
• mature
• payoff

Conservative investors want to_____ risk.

• verify
• mitigate
• renew
• refuse

Money left over from last year has been_____ to this year's tutoring budget.

• returned
• transferred
• rolled over
• renewed

The____ on the money we invested was very low.

• support
• settle
• roll over
• return

It is also a question of acquiring the _____ .

• first deposit
• second deposit
• initial deposit
• final deposit

The Fund's actual______ may be greater or less than the 5% return shown in the illustration.

• down payment
• rate of return
• fixed rate
• mortgage insurance