An Interest-Earning Account That Can Be Withdrawn at Any Time

question 197

Multiple Choice

An interest-earning account that can be withdrawn at any time without payment of a penalty is a

• A)savings deposit.
• B)money market deposit account.
• C)time deposit.
• D)certificate of deposit.

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Definitions:

Community Needs

Refer to the essential services, resources, and support required by a community to ensure the well-being and development of its members.

Initiatives

Projects or strategies introduced to address specific issues or achieve particular outcomes.

Fair

Fair, in a general sense, refers to being free from bias, dishonesty, or injustice, typically in the context of treatment of individuals or distribution of resources.

Responsive

Being sensitive to and readily reacting to the needs, feelings, or changes in situation of others or oneself.