Justin Needs to Have Access to His Money in Five

question 70

Multiple Choice

Justin needs to have access to his money in five months. The best option for his savings is a

• A) Series EE bond.
• B) Money market account.
• C) Five-year certificate of deposit.
• D) Series I bond.
• E) Six-month certificate of deposit.

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Definitions:

Cross-Sectional Method

An observational research method that analyzes data from a population, or a representative subset, at a specific point in time.

Longitudinal

A research design in which the same subjects are observed or tested repeatedly over a period of time.

Correlational

Referring to a type of research design that examines the relationship between two or more variables to determine if they are associated in some way.

Longitudinal Research

A research design that involves repeated observations of the same variables over a period of time, extending from months to years.