【答案解析】[听力原文]
{{B}}Saving Money{{/B}}
Saving money is a
first step toward wealth./ Putting money away for the future also supports the
banking system./ Banks need a supply of savings to provide money for
loans./
In the United States, people who want to start a savings
account have many choices./ Banks, savings- and-loans and credit unions are
traditional places to open an account./
Credit unions are
cooperatives for people who are linked in some way./ For example, the members
may work for a university or a government agency./ Most credit unions are
non-profit organizations./
Savings are protected up to a limit
if a federally guaranteed bank,/ savings association or credit union ever
fails./ Savers have their money guaranteed up to one hundred thousand
dollars./
Banks and other financial organizations pay interest
on savings accounts./ But the interest rates are low./ Certificates of deposit
are another way to save./ They pay higher interest rates./
With
a certificate of deposit,/ a person agrees not to withdraw an amount of money
for a period of time./ The term could be three months, or it could be several
years./ Longer terms, and larger amounts, pay higher interest./ People can
withdraw their money early but at a cost./