20. Certificates of Deposit (CDs) are a common investment because they.

a. require only a small investment and pay high interest rates at maturity

b. are usued and insured by the U. S. government

c. require only a small investment and have various maturity dates

d. are issued and insured by commercial banks

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Nia Williamson

8 April, 21:58

20. Certificates of Deposit (CDs) are a common investment because they.

a. require only a small investment and pay high interest rates at maturity

b. are usued and insured by the U. S. government

c. require only a small investment and have various maturity dates

d. are issued and insured by commercial banks

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Answers (1)

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Meredith Blackwell · Answer 1

The answer is

c. require only a small investment and have various maturity dates

Explanation:20. Certificates of Deposit (CDs) are a common investment because they.

a. require only a small investment and pay high interest rates at maturity

b. are usued and insured by the U. S. government

c. require only a small investment and have various maturity dates

d. are issued and insured by commercial banks