Savings/Credit Quizzes-Which of the following is correct - E-PersonalFinance
    • Answer to Quiz
    College Saving
    Which of the following is correct with respect to bank savings accounts:
    Answer: (c)
    Banks savings accounts traditionally pay a low rate of interest, typically not making them a great investment. Bank CDs often have higher interest rates payable, although you have to commit to let the bank use the money for a designated period of time or suffer a withdrawal penalty.


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    College Saving
    What does "FDIC" mean?




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