Wanda Clark expects interest rates to decline in the next few months.To maximize her earnings,she should put her savings in a
A)two-year certificate of deposit.
B)six-month certificate of deposit.
C)money market account.
D)passbook savings account.

Question

Quizplus · Accepted Answer

A two-year certificate of deposit will lock in the current higher interest rates before they decline, maximizing her earnings over the term.

Wanda Clark Expects Interest Rates to Decline in the Next