Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A document stating that the bank will pay the depositor a guaranteed interest rate for money left on deposit for a specified period of time
A document stating that the bank will pay the depositor a guaranteed interest rate for money left on deposit for a specified period of time is a(n) Question 1 options: certificate of deposit. check. line of credit. revolving credit agreement. electronic funds transfer
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started