Checking/Saving Accounts
Business
12th Grade
Used 20+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FDIC insurance protects the deposits of customers against loss up to $250,000 per account.*
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You can have 24-hour access to your account through online banking and ATM machines.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Certificates of deposits are a great plan to store emergency funds because you can withdraw the money at any time if needed without penalty.*
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A regular savings account pays MORE interest than a Money Market Account.*
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A checking account is the same as a savings accoung.*
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Two benefits of having a checking account are safety and convenience. Which of the following statements is FALSE?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are reasons to open a checking account EXCEPT…
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