[Answer] Which type of account typically has very high liquidity, low or no interest, and low minimum balance?

Step 1 : Introduction to the question "Which type of account typically has very high liquidity, low or no interest, and low minimum balance? "

...A.) Certificate of Deposit (CD) B.) Checking Account* C.) Investment Retirement Account (IRA) D.) Money Market Account - A checking account is a bank account that allows easy access to the funds in your bank account. Also called a transactional account, it's the account that you will use to pay your bills and make most of your financial transactions.

[Answer] John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would enable him to earn MORE interest?

Step 1 : Introduction to the question "John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would enable him to earn MORE interest? "

...A.) Selecting an account with a high interest rate. B.) Leaving his money in the account for long period of time. C.) Transferring money into his checking account each month. D.) Both A & B*

[Answer] What is the typical relationship between time and interest rate?

Step 1 : Introduction to the question "What is the typical relationship between time and interest rate?"

... A.) Shorter time period usually equals higher interest rates. B.) Longer time periods usually have no affect on interest rates. C.) Longer time period usually equals higher interest rates.* D.) Shorter time periods usually have no affect on interest rates. - The first is called the term structure of interest rates. At a given date, interest rates usually increase with maturity. Basically, it means that if you lend money today, you will not apply the same interest rate if it's a 1-year loan or a 25-year loan.

[Answer] To earn as much interest as possible, you should open a savings account that earns _______ interest and has the ______ interest rate.

Step 1 : Introduction to the question "To earn as much interest as possible, you should open a savings account that earns _______ interest and has the ______ interest rate. "

...A.) compound; lowest B.) compound; highest* C.) simple; lowest D.) simple; highest

[Answer] Interest is:

Step 1 : Introduction to the question "Interest is:"

...A.) a charge for lending money to a bank B.) the amount owed for borrowing money* C.) the amount added into your savings when opening a bank account D.) a charge for the convenience of accessing money stored in your bank account - The amount owed is called the principal and the price of borrowing money is called interest.

[Answer] If you had a nascent interest in government, which position might you hold?

Step 1 : Introduction to the question "If you had a nascent interest in government, which position might you hold?"

...1. President of the United States 2. Congressional intern 3. Chief Justice of the Supreme Court 4. Governor of your home state

[Answer] If you had a nascent interest in government, which position might you hold?

Step 1 : Introduction to the question "If you had a nascent interest in government, which position might you hold?"

...1. President of the United States 2. Congressional intern 3. Chief Justice of the Supreme Court 4. Governor of your home state

[Answer] Which type of account typically has very high liquidity, low or no interest, and low minimum balance?

Step 1 : Introduction to the question "Which type of account typically has very high liquidity, low or no interest, and low minimum balance?"

...A checking account is a bank account that allows easy access to the funds in your bank account. Also called a transactional account, it's the account that you will use to pay your bills and make most of your financial transactions.

[Answer] 3. What movie did Rob star in, with his love interest, played by Kristen Stewart?

Step 1 : Introduction to the question "3. What movie did Rob star in, with his love interest, played by Kristen Stewart?"

...1. Zathura (2005) 2. Twilight (2008) 3. The Messengers (2007) 4. What Just Happened (2008) "Twilight" (2008) was based on the bestselling novel by Stephanie Meyer. It was about a teenage vampire and human girl who fell in love, and they faced some obstacles, including avoiding a tracker vampire who wanted Bella's blood. Rob played the role of the handsome "vegetarian" vampire, Edward Cullen, in this film.

Which of the following loans will typically offer the lowest interest rate?

Step 1 : Introduction to the question "Which of the following loans will typically offer the lowest interest rate? "

Student loans in the United States are a form of financial aid used to help more students access higher education. Student loan debt has been growing rapidly since 2006, rising to nearly USD 1.4 trillion by late 2016, roughly 7.5% GDP.

[Ans] Which type of account will typically have the highest interest rate?

Step 1 : Introduction to the question "which type of account will typically have the highest interest rate?"

A bank account is a financial account maintained by a financial institution for a customer. A bank account can be a deposit account, a credit card account, or any other type of account offered by a financial institution, and represents the funds that a customer has entrusted to the financial institution and from which the customer can make withdrawals