Ask Question
6 October, 15:36

Why is a certificate of deposit considered such a safe investment?

It is guaranteed by the federal government.

It is issued by a savings bank.

It pays a relatively low rate of interest.

It cannot be redeemed whenever the investor wants the money.

+5
Answers (2)
  1. 6 October, 18:52
    0
    Answer: it is guranteed by the federal government
  2. 6 October, 19:02
    0
    It is issued by a bank it's called a saving bond.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why is a certificate of deposit considered such a safe investment? It is guaranteed by the federal government. It is issued by a savings ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers