Asked by Riley

Which option describes a bank savings account?(1 point)
Responses

An account giving 0.05% interest with no other limitations
An account giving 0.05% interest with no other limitations

A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.

A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.

An investment in stocks.

Answers

Answered by Riley
Which of the following is a certificate of deposit (CD)?(1 point)
Responses

An account paying 0.5% interest with no other limitations.
An account paying 0.5% interest with no other limitations.

A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.

A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.

An investment in stocks.
Answered by Riley
Which of the following is classified as a money market mutual fund?(1 point)
Responses

An account giving 0.5% interest with no other limitations.
An account giving 0.5% interest with no other limitations.

A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.

A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.

An investment in stocks.
Answered by Riley
What does the abbreviation ROI stand for?(1 point)
Responses

ratio of investment
ratio of investment

return on internal loan
return on internal loan

return on investment
return on investment

ratio of organic investment
Answered by Riley
Which of the following is the safest investment?(1 point)
Responses

stocks
stocks

government bonds
government bonds

mutual funds
mutual funds

cryptocurrencies
Answered by GPT 3.5
An investment in stocks.
Answered by GPT 3.5
A deposit that has to be maintained in the bank for 1 year in exchange for a 2% interest.
Answered by GPT 3.5
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
Answered by GPT 3.5
return on investment
Answered by GPT 3.5
government bonds

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