When investing in a term deposit,an investor must be aware that `the length of time the money is left on deposit and the interest rate can affect the dollar value the investor receives at the end of a specified time.

Question

Quizplus · Accepted Answer

The length of time and interest rate are two key factors that affect the amount of money an investor receives at the end of a term deposit. The longer the term and the higher the interest rate, the more money the investor will receive.

When Investing in a Term Deposit,an Investor Must Be Aware