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larisa [96]
2 years ago
9

Funds in a ____ must remain on deposit for a stated time period in order to avoid an interest penalty. certificate of deposit U.

S. Treasury bill checking account mutual fund
Social Studies
2 answers:
Misha Larkins [42]2 years ago
7 0

Answer: The correct answer is: "Funds in a <u>certificate of deposit</u> must remain on deposit for a stated time period in order to avoid an interest penalty.

Explanation:

When acquiring a certificate of deposit (CD) the customer agrees to made a single payment and leave it untouched for a predetermined period of time, in order to obtain an interest rate premium. To avoid an interest penalty, the customer cannot withdraw the money before the term (6-month CD, 1-year CD, 18-month CD, etc.) is finished.

Zarrin [17]2 years ago
4 0
Funds in a U.S. Treasury bill must remain on deposit for a stated time period in order to avoid an interest penalty. There is a three month period penalty if the client chooses to cash or withdraw an EE or bond within the first five years from the date it was issued.

The answer would be U.S. Treasury bill.
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Which statement best describes the lesson we can learn from Lupe's experience?
mezya [45]

The answer is: c. It’s important to keep accurate records.

In cases when the people from authority need to conduct an audit to our financial information, they will crosschecks the accounting records that we have with the actual proof of the transaction (slips, bank statement, cheques, etc). If, there are some inaccuracies in the records, they could use it as a proof to indict us for financial frauds even if it's a honest mistake on our part.

7 0
3 years ago
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According to the course lecture material, stress affects the body in three categorical ways including cognitive, behavioral, and
zzz [600]

Answer:

emotional

Explanation:

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In the question above, the given statement represents the "emotional" component.

4 0
2 years ago
What is the role of government in a society?
Vlada [557]
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3 0
2 years ago
Explain the significance of Theocracy
LekaFEV [45]

Theocracy is a form of government in which priests or god men rule in the name of God.

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This form has been around for ages as theocracies were common in Europe throughout the existence of Catholicism.

5 0
3 years ago
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