1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vikentia [17]
3 years ago
7

A certificate of deposit pays a higher interest rate than a savings account because the money is

Social Studies
2 answers:
mars1129 [50]3 years ago
7 0

Answer:

A certificate of deposit pays a higher interest rate than a savings account because the money is saved in the account for a fixed period of time, which cannot be withdrawn until the maturity date.

Explanation:

A certificate of deposit is known to be a type of account in which depositors save money with a financial institution for a fixed period of time. Thus, the account holder cannot withdraw the money until the fixed date of withdrawal which is the maturity date. As a result, this type of account gets a higher interest rate from the bank than a normal savings account.

Elina [12.6K]3 years ago
6 0


not able to be accessed until the maturity of the certificate of deposit without a penalty.

A savings account lets you make withdrawls anytime you want.

You might be interested in
The Akkadian Empire developed along the Euphrates and ________ Rivers. a. Ur b. Tigris c. Mari d. Sargon Please select the best
Zolol [24]

Answer:

Tigris River which is B

Explanation:

3 0
3 years ago
Read 2 more answers
Describe the geomorphic process 
yarga [219]

Answer:

The geomorphic process means bringing about changes in the configuration of the Earths surface, due to physical stresses and chemical actions on materials present on earth.

Mark me as brainliest

7 0
2 years ago
Read 2 more answers
Most federal cases are first heard in what type of courts?
Black_prince [1.1K]

Answer:

Most cases that deal with federal questions or offenses begin in district courts, which are almost always granted original jurisdiction. District courts hear appeals cases only in the rare case of a constitutional question that may arise in state courts.

Explanation:

4 0
3 years ago
Compare a slow change such as continents moving with a rapid change such as a meteorite striking earth. what are some of the sim
dem82 [27]
A slow change such as continents moving will create differences in ecosystems. This is also the same effect caused by a rapid change such a meteorite striking earth. These two phenomena will create diversity and different living conditions. The slow change however, will give organisms time to adopt giving them a good chance of survival unlike a rapid change which will give most, if not all, organisms little chance to survive.
6 0
3 years ago
Who has the symbol of peace
Luden [163]

Answer: The Dove is the symbol of peace.

6 0
3 years ago
Other questions:
  • The process of determining which method in a class hierarchy should execute is known as
    15·2 answers
  • The video states that people used to trade goods like wheat for other things they​ needed, but crops could​ rot, making money a
    12·1 answer
  • Based on what you’ve learned so far, why was ratification of the Constitution in danger?
    9·2 answers
  • Which statement best describes how federalism changed as a result of Ronald Reagan’s presidency?
    13·2 answers
  • When lisa says to her husband, you'd make a lousy father, she is communicating which type of hurtful message?
    15·1 answer
  • What are third parties
    11·1 answer
  • - Culture
    6·2 answers
  • Who is the head of cuba?
    6·2 answers
  • Cer elements, periodic tables
    5·1 answer
  • Sered explains that the most important thing to survivors of violent crime is that the offender:________.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!