Funds Invested in a _____ Should Not Be Withdrawn for a Stated

question 80

Multiple Choice

Funds invested in a _____ should not be withdrawn for a stated period in order to avoid an interest penalty.

• A)savings account
• B)U.S. Treasury bill
• C)checking account
• D)negotiable order of withdrawal (NOW)account
• E)certificate of deposit

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Definitions:

Promote

To support or actively encourage the progress, growth, or acceptance of something.

Demote

In organizational terms, to reduce someone's rank or position; in software or digital content creation, it refers to decreasing the importance or level of an item in a hierarchical structure.

Database Objects

Components such as tables, queries, forms, and reports used in databases to store, retrieve, and present data.

Text Data

Data that is represented in the form of words, sentences, or paragraphs, as opposed to numerical or binary data.