Personal finance chapter 7

False Money in a mutial fund is called a demand deposit
False A prepaid phone card is an example of a credit card
True A savings and loan association originally specified in mortgages
True A finance company generally charges higher interests rates to customers
True Pawnshops will offer loans based on tangible possessions
True A stop payment is a request that banks give
True The fdic stands form federal depository insurance corporation
False According to the truth in savings law financial institutions have
Falsw A restrictive endorsement allows you to
True Overdraft protection is an automatic loan made to an account
Certificate of deposit Which of the following financial services is best suited for money saving for over a period of a year
Borrow money for a short term Credit cards allow you to
Savings and loan association Problematic financial businesses include each of the following except
Bank failure The fdic ensures depositors against losing their money in a case of
Lower fees and loan rates Compared with commercial banks, federal unions generally offer
Completing a monthly bank reconciliation To earn high interest rates in a certificate if deposited, you must accept all of the following limitations except
Money market In which kind of business plan does the interest rate vary from month to month
106.18 If yu deposit 100$ in account with an annual interest rate if 6 percent compounded monthly, after 12 months you will have
Endorsement on the back When writing a check include all of the following except
Comparing checks in the check record with those on the statement The first step in balancing a check book is
False Money in a mutial fund is called a demand deposit
False A prepaid phone card is an example of a credit card
True A savings and loan association originally specified in mortgages
True A finance company generally charges higher interests rates to customers
True Pawnshops will offer loans based on tangible possessions
True A stop payment is a request that banks give
True The fdic stands form federal depository insurance corporation
False According to the truth in savings law financial institutions have
Falsw A restrictive endorsement allows you to
True Overdraft protection is an automatic loan made to an account
Certificate of deposit Which of the following financial services is best suited for money saving for over a period of a year
Borrow money for a short term Credit cards allow you to
Savings and loan association Problematic financial businesses include each of the following except
Bank failure The fdic ensures depositors against losing their money in a case of
Lower fees and loan rates Compared with commercial banks, federal unions generally offer
Completing a monthly bank reconciliation To earn high interest rates in a certificate if deposited, you must accept all of the following limitations except
Money market In which kind of business plan does the interest rate vary from month to month
106.18 If yu deposit 100$ in account with an annual interest rate if 6 percent compounded monthly, after 12 months you will have
Endorsement on the back When writing a check include all of the following except
Comparing checks in the check record with those on the statement The first step in balancing a check book is

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