In monetary assert management, safety way the speed and ease with which an asset have the right to be converted to cash. (Section 5.1)True/False
Which that the following sets currently accounts apart from other checking accounts? (Section 5.2)a. Castle pay interest b. They have the right to be accessed through a debit cardc. They space saferd. They are time deposits
The interest rate of most problem to a to save account defense is the (Section 5.2)a. Effective rate of attention (ERI).b. Yearly percentage price (APR).c. Nominal price of interest (NRI).d. Annual percentage productivity (APY).

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An interest-bearing to save instrument the requires human being to deposit money because that a fixed amount that time is called a(n) (Section 5.2)a. Money sector account.b. Secured balance account.c. Time-deposit.d. Certificate of deposit.
If you want to set up a check or to save account with an additional person that granted each of friend the best to make withdrawals without consulting the other, you would pick a(n) (Section 5.3)a. Share tenancy account with appropriate of survivorship. B. Trustee account.c. Individual accessibility account.d. Tenancy in common.

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What is the best you deserve to lose if you inform your bank of a lost debit card within 2 days? (Section 5.4)a. $5,000b. Every one of your moneyc. $500d. $50
Ways to safeguard your privacy and also reducing the threat of fraud include: (Section 5.4)a. Clock for small charges, like a $1 charge, that you can"t identifyb. Always hit the "log off" button prior to closing your web browser windowc. Avoid banking via public computers or networksd. All of these e. Regularly change your passwords
The major reason because that giving kids an allowance is to (Section 5.5)a. Have something to withhold when there is a need for discipline.b. Salary them because that doing chores roughly the home.c. Teach them just how to manage money. D. Save them from asking for money all the time.
For couples, the specific money management tasks such together bill paying, overseeing spending, and also handling banking deserve to be separated in any method that functions for the couple, yet making ______ ______ have to be a share endeavor. (Section 5.5)a. Savings depositsb. Shopping tripsc. Account reconciliationsd. Financial decisions
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