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Certificates of Deposit (CDs)
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
Brokerage firms buy and sell different types of securities.
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
The amount of money you place in savings is called
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
Which is not an example of a long-term goal?
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
If you withdraw part of the money you deposited into a Certificate of Deposit (CD) before the maturity date, you will not have to pay a penalty.
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
FDIC and NCUA insure accounts up to
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
An IRA in which the contributions are not tax free, but earnings and gains remain tax free is called a
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
Which of the following is an advantage of investments through a brokerage firm?
earn a fixed interest rate for a set length of time
False
principle
vacation
True
High Rate of Return
$100,000
Roth IRA
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