You Have $3,000 That You May Need to Use to Replace

question 72

Multiple Choice

You have $3,000 that you may need to use to replace the furnace in your home.If you need the funds,it would be on no less than a week's notice.Into which type of account would it be best for you to deposit the $3,000?

• A) Checking account
• B) Savings account
• C) NOW account
• D) All of the above would be equally acceptable.

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Definitions:

Anxiety Disorders

Anxiety disorders encompass a range of mental health conditions characterized by excessive fear, anxiety, and related behavioral disturbances.

Phobias

Irrational and excessive fears of specific objects, situations, or activities that lead to significant distress or avoidance behavior.

Biologically Programmed

Traits or behaviors that are hard-wired into an organism due to its genetic code.

Ancestors

Individuals from whom one is descended, typically more distant than grandparents.