Question: 4 of 2 2 Concepts completed Multiple Select Question Select all that apply What are three characteristics of a certificate of deposit? Covers periods such
of Concepts completed
Multiple Select Question
Select all that apply
What are three characteristics of a certificate of deposit?
Covers periods such as six months, one year, or
Type of savings account
Also known as demand deposit
Substantial penalty for premature withdrawal
Pays lower interest rates than typlical savings ace
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