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low-cost personal loans.
flexible-rate loans.
credit cards.
variable-rate savings plans.
Question 14. 14. (TCO 2) _____ refers to the business hours and
location of a financial institution and can be an important factor when
it comes to consumer selection.
Safety
Cost
Compounding
Liquidity
Convenience
Question 15. 15. (TCO 2) A saver seeking a high rate of return would
usually earn the highest rate by investing in a(n)
certificate of deposit.
debit account.
passbook account.
share account.
NOW account.
Question 16. 16. (TCO 2) U.S. savings bonds provide the following
advantage.
Interest earned is exempt from federal income taxes.