Checking deposits generally have a lower return on investment than do certificates of deposit because checking deposits are less risky.

Name: Checking deposits generally have a lower return on investment than do certificates of deposit because checking deposits are less risky.
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Question

Quizplus · Accepted Answer

Checking deposits are more liquid and accessible, which makes them less risky compared to certificates of deposit that have higher returns due to their fixed terms and penalties for early withdrawal.

Checking Deposits Generally Have a Lower Return on Investment Than