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 . 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 _____.