Ask Question
Social StudiesSocial Studies
12 February, 15:40

In which situation would a certificate of deposit (CD) be the best banking choice?

+3
Answers (2)
  1. 12 February, 16:40
    0
    The answer is B. Hafsa wants a guaranteed return, and won’t need the money for several years.
  2. 12 February, 18:17
    0
    One of the situation would be You are setting money aside specifically for home renovation in several years

    In Certificate deposit investment, the interest rate is pre-determine while overlooking the inflation rate in the future.

    So, this type of investment is perfect for those who do not want to take high risk and have no problem in waiting for a long period of time before they could obtain the return.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In which situation would a certificate of deposit (CD) be the best banking choice? ...” in 📙 Social Studies 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
You Might be Interested in
A cultural object that can have different meanings in different cultures true or false?
Answers (1)
Ratna is preparing a presentation titled "Similarities Between Micro-Level and Macro-Level Orientation in Sociology." Which explanation should she include? A. Both orientations are viewing the damage done to society. B.
Answers (2)
List three autoimmune disorders and describe possible mechanisms of autoimmunity.
Answers (1)
Which term refers to the outline of a garment? detail bustle O C. fabric texture E. silhouette
Answers (2)
Leonard is addicted to heroin, but is very careful about overdosing. he always uses a specific amount and takes it only in his apartment. on friday, he became desperate for the drug while visiting with another drug user.
Answers (1)
New Questions in Social Studies
12. After being told that his parents have just been involved in a serious automobile accident, Bill is likely to experience an outpouring of: A) lymphocytes. B) serotonin. C) dopamine. D) epinephrine. E) leptin.
Answers (1)
Cuatro innovaciones de la edad de información
Answers (1)
What could be lovelier than to hear the summer rain cutting across as scythes cut across grain? falling upon the steaming roof with sweet uproar, tapping and rapping wildy at the door?
Answers (1)
The Andes can be found in: (A) North America (B) Europe (C) Africa (D) South America (E) Asia (choose one answer only)
Answers (1)
Why were abolitionist opposed to how cotton was produced in the south
Answers (1)
Home » Social Studies » In which situation would a certificate of deposit (CD) be the best banking choice?
Sign Up Forgot Password?