How do inflation and taxes affect earnings on savings

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Question: 1. Describe actions that you might consider to improve your savings attitude and habits.

2. What are the main types of savings plans offered by financial institutions?

3. How does a money market account differ from a money market fund?

4. How do inflation and taxes affect earnings on savings?

5. Are checking accounts that earn interest preferable to regular checking accounts? Why or why not?

Reference no: EM131486042

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