Questions
(Answered 0 / 10)
Questions 11-13
Choose the correct letter, A, B or C.
Questions 14-20
Complete the table below.
Write NO MORE THAN TWO WORDS AND/OR A NUMBER for each answer.
SAVINGS OPTIONS
| Savings Account | Minimum balance | Interest Information | Access |
|---|---|---|---|
Internet Account | None | Earn good rate from first dollar. Calculated daily and paid monthly | Via Internet, TXT, telephone. No account or 14 fees |
Stairs Saver | None - but higher rates for bigger balances | 3 tiers plus 15. Calculated daily and paid monthly | Unlimited withdrawals but better to limit to once a month |
16 | None | One interest rate, calculated daily and paid on 17 | Anytime—no penalty for withdrawals |
INVESTMENT OPTIONS
| Investment Account | Minimum deposit | Interest Information | Access |
|---|---|---|---|
Term Deposit - Safe and 18, low risk | $1,000 | Calculated daily and paid monthly, quarterly, or at maturity | Only at maturity |
19 - longer term but better returns | $5,000 | Calculated daily and compounded or paid out quarterly | Only at maturity |
Retirement Fund | A certain percentage of 20 before tax | Different levels of risk and return | At 60 |