Question: Noah Holmes deposited $ 2 , 5 0 0 in a 3 - year bank certificate of deposit which pays six percent interest. What type

Noah Holmes deposited $2,500 in a 3-year bank certificate of deposit which pays six percent interest. What type of financial service is Noah using?
Multiple Choice
Payment service
Savings service
Credit service
Trust service
Budget counseling
 Noah Holmes deposited $2,500 in a 3-year bank certificate of deposit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!