Deposit accounts are either interest bearing or non-interest bearing. Interest bearing accounts includes _________ and ___________. The types of accounts bear interest for a fixed period of time and are known as time deposits.
A) Savings accounts, certificates of deposit
B) Savings accounts, term deposit
C) Certificate of deposit, Savings accounts and certificates of deposit
D) Savings accounts, certificates of deposit and non-interesting bearing account
Correct Answer:
Verified
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