Which of the following is not true about a certificate of deposit (CD) ?
A) It pays higher interest than a saving account
B) Are only offered in denominations of $100,000 or more
C) It is not as liquid as a savings account
D) Funds are locked in for specific periods of time
Correct Answer:
Verified
Q44: You have $3,000 that you may need
Q51: Which of the following is not true
Q53: When purchasing a certificate of deposit (CD),
A)
Q54: All of the following are true of
Q55: If you buy a $10,000 par value
Q58: You buy a T-bill,which has a par
Q59: All of the following are true of
Q60: Which of the following is not an
Q61: An asset management account does all of
Q78: Which of the following accounts would tend
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents