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Question 13. 13. (TCO 2) Compared to other financial institutions,
credit unions provide an advantage in the area of
interest-bearing checking accounts.
low-cost personal loans.
flexible-rate loans.
credit cards.
variable-rate savings plans.
Question 14. 14. (TCO 2) _____ refers to the business hours and
location of a financial institution and can be an important factor when
it comes to consumer selection.
Safety
Cost
Compounding
Liquidity
Convenience
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.