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21 March, 21:50

What's one disadvantage of a certificate of deposit (CD) as compared to a passbook savings account?

A. Depositors must keep their money in the account for a fixed period of time.

B. CDs are less risky.

C. CDs earn a lower interest rate.

D. CDs are less safe.

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Answers (1)
  1. 22 March, 01:34
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    A. Depositors must keep their money in the account for a fixed period of time.
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