BUSN 380 STUDY Career Path Begins/busn380study.com BUSN 380 STUDY Career Path Begins/busn380study.com | Page 34

having amounts withheld from income.
earning tax credits for various deductions.
Question 11.11. (TCO 2) If you expect interest rates will decline over
the next few months, you should use a(n) _____ to maximize your
earnings.
regular savings account
interest-bearing checking account
5-year certificate of deposit
6-month certificate of deposit
money market fund
Question 12.12. (TCO 2) An example of a _____ deposit is a checking
account.
common
time
current
loan
demand
Question 13.13. (TCO 2) When profits are generated by a mutual
savings bank, they will go to the
creditors.
loan applicants.
stockholders.