Directions: A. On the space provided, write TRUE if the idea being expressed is correct and FALSE otherwise. 1. investments generally earn passive income 2. Time deposit accounts do not earn interest. 3. Banks issue bank statement on savings deposit accounts. 4. Insurance are set up for some specific purpose at some certain time in the future. 5. Mutual funds generally earn more than savings account.
Directions: A. On the space provided, write TRUE if the idea being expressed is correct and FALSE otherwise. 1. investments generally earn passive income 2. Time deposit accounts do not earn interest. 3. Banks issue bank statement on savings deposit accounts. 4. Insurance are set up for some specific purpose at some certain time in the future. 5. Mutual funds generally earn more than savings account.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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True or False (please refer to the picture)
Transcribed Image Text:T OPIC: TYPES OF INVESTMENT
Directions: A. On the space provided, write TRUE if the idea being expressed is correct and FALSE if
otherwise.
1. investments generally earn passive income
2. Time deposit accounts do not earn interest.
3. Banks issue bank statement on savings deposit accounts.
4. Insurance are set up for some specific purpose at some certain time in the future.
5. Mutual funds generally earn more than savings account.
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