This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is nottrue about a certificate of deposit (CD)? (Read 85 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Apr 13, 2019

Which of the following is 
not true about a certificate of deposit (CD)?


◦ They pay higher interest than T-bills.
◦ They are long-term investments of two years or more.
◦ Funds are locked in for specific periods of time.
◦ A penalty is imposed for early withdrawal.
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by joblessjake on Apr 13, 2019

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Apr 13, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


joblessjake

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Apr 13, 2019
Thank you!


Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Apr 13, 2019
Always glad to help...


« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Formation of an oil deposit Formation of an oil deposit
A diploma or certificate is proof of education completed. A diploma or certificate is proof of education completed.
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Biological control agent: a commercially raised parasitoid wasp about to deposit a fertilized egg in Biological control agent: a commercially raised parasitoid wasp about to deposit a fertilized egg in
Faith certificate for kindergarten Faith certificate for kindergarten
Grade 1 achievement certificate Grade 1 achievement certificate
Video: Sigmoidoscopy

For a complete list of videos, visit our video library