What is true about certificates of deposit

Asked by maham237 @ in Mathematics viewed by 173 People

What is true about certificates of deposit?
They offer lower interest rates than savings account.
They are the most liquid account available.
The money has to remain in the account for a specified period of time.
All of the above are true.

Answered by maham237 @


I would say "The money has to remain in the account for a specified period of time." Because banks can choose to compound rates in a monthly, quarterly, or yearly. And they reward you for putting money in their bank for a certain amount of time

Similar Questions

Which is a true statement of certificates of deposit cds

Asked by maham237 @ in Business viewed by 281 persons

The depositor can withdraw money from the account anytime. CDs earn less money than a traditional savings account. A savings note is issued for a set period of time. CDs …

Certificates of deposit insured by the ncua or fdic are

Asked by admin @ in Social Studies viewed by 184 persons

Certificates of deposit insured by the NCUA or FDIC are: OA. One of the safest and easiest investments. OB. High risk and high return. OC. Moderate risk. OD. Always identified …

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1290 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 751 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1148 persons

Describe the karez in your own words

Asked by rajesh064 @ in English viewed by 1317 persons

What is 8 + (x + 5)?

Asked by jaylord7 @ in Mathematics viewed by 1101 persons

Take any three non-collinear points a b c and draw triangle a,b,c. through each vertex of the triangle draw a line parallel to the opposite side using ruler and compass

Asked by wiki @ in Mathematics viewed by 1500 persons

What is the topic of the info grapher

Asked by jesus643 @ in History viewed by 1398 persons

Elephant kills 11 in nepal , woman rescued from a friendly dolphine

Asked by kavin044 @ in English viewed by 1275 persons

What is the central idea of this excerpt? the goatherd wants the wild goats to join his herd. the bad weather keeps all the goats in their enclosure. the goatherd gives his own goats just enough food to survive. the wild goats leave because the goatherd mistreats his own goats.

Asked by nevaeh10 @ in English viewed by 1596 persons

What is the subject complement in the sentence ‘a long walk up the hill made us tired '

Asked by dog3636R @ in English viewed by 1349 persons

(-3,0);slope =2/3

Asked by timothy2 @ in Biology viewed by 1655 persons

Which is an example of situational irony in "wherefore art thou romeo?”

Asked by noah5213 @ in English viewed by 1588 persons

According to the elements of style, which sentence is written in active voice? the acceptance speech was given by the award winners. the pennants were won by the championship team. a memorable evening was had by all who attended the event. the workers took precautions while digging along power lines.

Asked by elijah67 @ in World Languages viewed by 1534 persons

Most viewed questions in Mathematics

Unit 6 similar triangles homework 2 similar figures answer key

Asked by maham237 @ in Mathematics viewed by 18354 persons

All things algebra unit 7 polygons and quadrilaterals answer key

Asked by admin @ in Mathematics viewed by 8159 persons

Gina wilson all things algebra 2016 answer key unit 11

Asked by admin @ in Mathematics viewed by 5777 persons

Unit 1 geometry basics homework 4 angle addition postulate answers

Asked by maham237 @ in Mathematics viewed by 3935 persons

Unit 6 exponents and exponential functions homework 8 answer key

Asked by maham237 @ in Mathematics viewed by 3252 persons

The manager of a vacation resort believes that the ages

Asked by maham237 @ in Mathematics viewed by 2924 persons

What is 271 403 rounded to the nearest ten thousand

Asked by maham237 @ in Mathematics viewed by 2792 persons

Unit 1 geometry basics homework 3 angle relationships answer key

Asked by maham237 @ in Mathematics viewed by 2581 persons

Homework 2 parallelograms

Asked by maham237 @ in Mathematics viewed by 2502 persons

Why would a prism beat a sphere in a competition?

Asked by maham237 @ in Mathematics viewed by 2480 persons

John wants to send a letter to peter

Asked by maham237 @ in Mathematics viewed by 2461 persons

An artist sells a painting for 20.50 but uses 5.75

Asked by maham237 @ in Mathematics viewed by 2430 persons

Unit 4 congruent triangles homework 1 classifying triangles answer key

Asked by maham237 @ in Mathematics viewed by 2419 persons

Unit 4 congruent triangles homework 2 angles of triangles

Asked by maham237 @ in Mathematics viewed by 2074 persons

Compare the values of the 2s and 5s in 55220

Asked by maham237 @ in Mathematics viewed by 1794 persons