Consumer math ! 1. which example is not a type of savings instrument? ( savings account investment account certificate of deposit checking account 2. is the amount paid when you purchase a home that covers additional expenses like taxes and title fees. down payment closing costs assessment fees homeownership fees

1. Which example is NOT a type of savings instrument?

The answer is : checking account. A checking account is an account that people keep to maintain their day to day expenses. The money can be taken out by using atm cards or using checks.

2. CLOSING COST is the amount paid when you purchase a home that covers additional expenses like taxes and title fees. This closing cost is the final deal close amount in real estate section.

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