Interest Income Would Come from Earnings on

question 59

Multiple Choice

Interest income would come from earnings on

• A)stocks.
• B)term deposits.
• C)RESPs.
• D)sale of mutual funds.

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Definitions:

Paying Bills

The process of settling financial obligations for services rendered, such as utilities, mortgage, or credit cards.

Americans

People who are citizens of the United States or who identify with the culture, traditions, or history of the country.

Vocational Degree

A qualification awarded for the completion of education or training directly related to a specific trade or profession.

High School Degree

A certificate or diploma awarded upon successfully completing the required course of studies in a secondary school or high school.