In general,the longer the term of a certificate of deposit,the
A) less safe it is.
B) higher its interest rate.
C) lower its value.
D) lower its interest rate.
E) higher its inflation rate.

Name: In general,the longer the term of a certificate of deposit,the A) less safe it is. B) higher its interest rate. C) lower its value. D) lower its interest rate. E) higher its inflation rate.
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Question

Quizplus · Accepted Answer

In general,the longer the term of the CD,the higher the interest rate it earns.

In General,the Longer the Term of a Certificate of Deposit,the