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]
2 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]2 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rate than a savings account because the money is saved in the account for a fixed period of time, which cannot be withdrawn until the maturity date.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]2 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
If advertising succeeds in enhancing brand loyalty among consumers, it tends to enhance the monopoly power of the seller.
pav-90 [236]

Answer:

This statement is TRUE.

Explanation:

To enhace the monopoly power of a seller, means that one seller can monopolize or have more power over the market of certain products. What advertising does when succeeding is promoting one brand, generating consumers to buy only that same brand.

The consumer´s loyalty generates the monopoly of the market, making consumers only choose this same brand. This is why advertising is so powerfull and afects directly on the economy.

8 0
2 years ago
The authors of your text suggest that openly and rationally discussing something that has made you angry with close friends can
Ray Of Light [21]

The authors of your text suggest that openly and rationally discussing something that has made you angry with close friends can lead to. be the <u>power of normative social influence</u>

<h3>What is authors ?</h3>

A writer or poet who creates or originates a written work, such as a book or play, is referred to as an author. An author is more broadly defined as "the person who originated or gave existence to anything," and the determination of their authorship establishes their legal liability for the work they produced. How does Wikipedia help you find authors?

Thousands of volunteers work together to co-write the pages on Wikipedia. Nearly all articles have several authors. Click on the "history" tab at the top of that page to learn who wrote a certain article. This will make it clear who changed the page.

To learn more about authors from the given link:

brainly.com/question/940777

#SPJ4

4 0
2 years ago
What is out of the ordinary with the regiments fighting for the U.S?
wlad13 [49]

Answer:

At the out burst of the War in 1861, hundreds of Irish and Irish Americans enlisted in the Union Army. Some joined ordinary regiments, but others created three all Irish voluntary infantries: the 63rd New York Infantry Regiment, arranged on Staten Island

5 0
3 years ago
Read 2 more answers
Select all that apply.
Ksenya-84 [330]
Choosing a career
Education
Training
6 0
3 years ago
Why do you think a soldier in the continental army might consider deserting
Aleonysh [2.5K]
Life for a solder in the Continental Army was extremely taxing. The weather was often frigid and many men lacked shoes. There was also no pay for many of the soldiers.
4 0
3 years ago
Read 2 more answers
Other questions:
  • The American Civil Liberties Union group on your campus has organized a protest against capital punishment. The civil liberties
    7·1 answer
  • 2. Because the king transferred his sovereignty over North America to others, early English colonists in North America were able
    5·1 answer
  • While fighting in the way in vietnam american soldiers often
    5·2 answers
  • Who selects candidates to run for office
    15·2 answers
  • Cherryhill and Hace had been partners for several years, and they decided to admit Quincy to the partnership. The accountant for
    7·1 answer
  • Png inside question pls help
    8·2 answers
  • Explain the historical circumstances that led to louis XvI consolidation of power
    12·1 answer
  • Two countries produce coal and iron. Country A can produce a maximum of 500 tons of coal per day or 250 tons of iron. Country B
    12·2 answers
  • Austin’s garden is full of small pebbles. In his front yard is a large rock. What is one reason why the small pebbles and the la
    14·1 answer
  • What were the living conditions of the proletariat?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!