What does this mean

Pick the advantage of a certificates of deposit from this list of possibilities.

Interest rates are generally higher than typical savings accounts.

They earn the APY and the APR

The interest paid is compounded daily

Early withdrawals after $30$ days da not incur a penalty

A savings alternative that pays a fixed rate of interest while keeping your

funds on deposit for a contracted period of time that can range from $30$

days to several years is called a

Certificate of Deposit

Demand Deposit

Term deposit

Negotiable order of withdrawal deposit

Which of the following is not a common fee arrangement for checking

accounts?

Monthly fee

Variable interest rates to reflect fee activity

Minimum balance requirement

Charge per check