Joan Zemke expects interest rates to decline over the next few months.To maximize her long-term earnings she should use a:

Name: Joan Zemke expects interest rates to decline over the next few months.To maximize her long-term earnings she should use a:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A five-year certificate of deposit (CD) locks in the current interest rate for a longer term, which is beneficial if interest rates are expected to decline, as it allows Joan to earn a higher rate than what might be available in the future.

Joan Zemke Expects Interest Rates to Decline Over the Next