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An IRA account:
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
Diversification of investments helps to protect against large losses.
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
A sum of money deposited for a set length of time at a fixed interest rate is a
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
Needs you expect to have in the next few months or years are
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
Stocks and bonds issued by corporations or by the government are called
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
It is not beneficial to start saving early.
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
Based on the Rule of 72, if the interest rate is 4%, how many years will it take for your money to double?
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
Which of the following is the most liquid?
True
all of the above
False
Short-Term
18 years
securities
regular savings account
Certificate of Deposit
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