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Interest earned is deferred for federal tax purposes.
A constant rate of earnings
They can be converted to other types of investments.
Question 17. 17. (TCO 2) In order to best compare the earnings for
different savings plans, one can refer to each plan's
discounted present value.
compounded rate of return.
net present value.
annual percentage yield.
after-tax rate of return.

Question 18. 18. (TCO 2) At times, funds deposited in an account may
be restricted by_____.
a holding period
outstanding checks
interest earned
service charges
electronic banking
Question 19. 19. (TCO 2) Service fees would be _____ in the bank
reconciliation process.
added to the bank statement balance
subtracted from the bank statement balance