Unit 3 – Investing: Making Money Work for You
A. Savings Accounts (Time Deposits) Money put into an account for more long-term savings (but for short-term goals); very . liquid. Withdraw money using a withdrawal slip provided by the bank. Earns . Interest (“earned income”) Money you earn when you leave money in a savings account. Banks LEND it to other people (via loans) 2. ................
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