What is liquidity? How is your personal cash flow statement used to help manage your liquidity? How does money management relate to the cash flow statement?
Answer to relevant QuestionsName some ways an individual might handle a cash flow deficiency. Which way would be preferable? Why? What terms does a financial institution specify for certificates of deposit? Why are rates on CDs higher than those on savings accounts? What factor would most affect your choice of maturity date on a CD? Claire has invested $ 10,000 in an 18- month CD that pays 6.25%. How much interest will Claire receive at maturity? Under what conditions might a consumer find each type useful? What are the six major areas of information that may be included on your credit report?
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