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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
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 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
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
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