Which of the following would be an appropriate savings vehicle if you plan to use your savings within a year and expect interest rates to fall over the next few months?

Question

Quizplus · Accepted Answer

A certificate of deposit (CD) typically offers a fixed interest rate, which can be advantageous if interest rates are expected to fall. It also provides a secure place to park money for a short term, such as within a year.

Which of the Following Would Be an Appropriate Savings Vehicle