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16 January, 01:27

A certificate of deposit is a certificate of ownership in a corporation.

Question 28 options:

True

False

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Answers (2)
  1. 16 January, 04:20
    0
    False
  2. 16 January, 05:27
    0
    False

    Explanation:

    A certificate of Deposit or CD is a deposit made into a bank for a specific time. This deposit will earn a fixed interest rate that varies upon the days the deposit is made of. The rule is: Longer the days of the deposit, longer the interest rate paid.
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