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

Question

Quizplus · Accepted Answer

A Certificate of Deposit (CD) is appropriate for short-term savings if you expect interest rates to fall, as it locks in the current higher rate for the term of the CD.

Which of the Following Would Be an Appropriate Savings Vehicle,if