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In relation to the other options, how liquid is a savings account?
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
It is best to have the rate of return on an investment __ than the rate of inflation.
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
Which of the following is most likely to be a feature of a money market deposit account?
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
Which of the following statements is true in regards to paying taxes on investments?
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
Which is structured to have tax benefits?
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
Which statement is TRUE of mutual funds?
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
Compound interest is …..
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
Which statement best reflects the philosophy of “pay yourself first”?
Tax‐advantaged investements
Taxes are often owed on profits generated from investments
earning interest on interest
Higher, to maintain purchasing power
More liquid than a Certificate of Deposit
Tiered interest rates
Mutual Funds are diversified investments
set aside money for saving before doing any spending.
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