Worksheetssource funds
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
1.What is the minimum amount of money required for a negotiable certificates of deposit?
a)
95,000
b)
100,000
c)
90,000
d)
100,000
2.
2.what account is most recommended for people who want to write checks and receive direct deposit?
a)
checking account
b)
savings account
c)
negotiable certificate od deposit
d)
money market account
3.
3.which account is the best for saving for up for 10 years?
a)
savings account
b)
money market Account
c)
certificate of deposit
d)
negotiable certificate of deposit.
4.
4.keeping your money in a savings account is better because of its interest rate compared to a money market account?
a)
True
b)
Fasle
5.
5.How many times can you withdraw money from a money market account per month?
a)
3
b)
4
c)
5
d)
6
100 %
