A one-year CD has a ________ return and ________ liquidity than a checking account.

Name: A one-year CD has a ________ return and ________ liquidity than a checking account.
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Question

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Certificates of Deposit (CDs) typically offer higher returns than checking accounts due to the fixed term of the investment, which restricts access to the funds. However, this restriction also means CDs have lower liquidity compared to checking accounts, which allow for immediate access to funds.

A One-Year CD Has a ________ Return and ________ Liquidity

A One-Year CD Has a Return and Liquidity