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When a person brings an item to a pawnshop to obtain cash, the transaction is considered
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
Lamar believes that interest rates are going to fall in the near future and remain low for a considerable period of time. She should invest in:
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
The principal amount of a bond that is repaid at the end of the term
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
Roth Individual Retirement Account (IRA) can be withdrawn _______
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
The________________ is a federal law that protects cardholders against unauthorized use of their credit cards
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
Most ________are issued with an interest rate that is fixed , and has the most predictable income?
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
A credit card account is an________ because it does not require collateral.
a collateralized loan
tax and penalty free
Certificate of deposit
Truth in Lending Act
Face value
A savings plan
Certificate of deposit
unsecured loan
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