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27 June, 08:49

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

Question 4 options:

True

False

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Answers (1)
  1. 27 June, 09:45
    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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