Question: Wilma has a $ 2 7 , 5 0 0 certificated deposit at the local bank the interest on the certificate $ 2 2 0

Wilma has a $27,500 certificated deposit at the local bank the interest on the certificate $2200 was created to our account this year credited to her account this year but she must pay an early withdrawal penalty if she cashes in before next year which of the following is a true statement woman must include the $200 of interest in her income this year woman must include the $2200 of interest in her income when she cashes the CD woman must include the $2200 of interest in her income this year only if the bank waves the early withdrawal penalty woman must include the $2200 dollars of interest in her income next year if she does not pay the early withdrawal penalty or all of the choices are correct

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