ning8uyvivickler ning8uyvivickler

06-04-2016
Business

Answered

An example of an investment account where the interest earned is tax exempt is a(n)

AIRA account.
Csavings account.
Bmutual fund account.
Dmunicipal bond.

Verified Answer :

andriansp andriansp

12-04-2016

The answer is D. Municipal bond

Municipal bonds are issued by the states to finance its capital expenditure, such as the expenditures in creating public utilities, to build a school, etc

Since it helped the country, it will be free of tax

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bluandrea12 bluandrea12

19-02-2021

Answer:

The right answer is IRA account A

Explanation:

I put D and got it wrong!!!!!

Answer Link

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