Which of the following is a characteristic of a certificate of deposit?
Account holder c...
Business, 09.02.2021 01:50 jadejordan8888
Which of the following is a characteristic of a certificate of deposit?
Account holder can withdraw cash easily
Has the potential for identity theft
Simple to use with debit cards and checks
Requires a minimum amount of money to invest
Answers: 1
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The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
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What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
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