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rate than a savings account because the money is saved in the account for a fixed period of time, which cannot be withdrawn until the maturity date.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
Which letter on this map represents the approximate location of the Gobi Desert?
Blizzard [7]

Answer:

2

Explanation:

3 0
3 years ago
What were Khufu's key beliefs?
kondaur [170]

Khufu was always in favor of development and is known for building one of the seven wonders of the world.

<u>Explanation:</u>

Khufu was one of the ancient pharaohs of Egypt and is known for building the pyramid which was the largest pyramid of Egypt and this was one of the most important developments of the pharaoh

It was considered as one of the seven wonders of the world. But this pharaoh is not known much because of his traits or characteristics of his personality but because of his accomplishments of making the largest pyramid.

3 0
3 years ago
Please help! thanks!!
tester [92]
1. According to the excerpt, who had more power under the Articles of Confederation?

It gave the majority of the power to the individual states, and limited power to the national government.

2. What are some weaknesses of the Articles of Confederation that caused the need for a new and stronger federal government that the framers outlined in the Constitution?

How to resolve disputes between states over land and confusion over different state currency.

3. Which of the following was one important contribution made by Benjamin Franklin during the Constitutional Convention?

He made a plea to delegates to accept the U.S. Constitution.
4 0
3 years ago
PLEASE HELP WILL MARK BRAINLIEST
tia_tia [17]

Answer:

A

Explanation:

5 0
3 years ago
1. What does civic duty mean?
marta [7]

Answer:

D

Explanation:

I just looked it up

6 0
3 years ago
Read 2 more answers
Other questions:
  • A plan of action taken by government to achieve a goal is
    12·1 answer
  • How might different cultures respond ethically, morally, politically to the pressures of modern industrial management? Clue: whe
    10·1 answer
  • What is the greatest challenge to the palestinian authority government in israel
    15·2 answers
  • GOVT480 What is the current threat to the United States from either a biological or chemical weapon and why? What should the Uni
    13·1 answer
  • Brien has a friend who is a mother. Knowing that Brien is taking a psychology course, she asks him what she can expect during th
    13·1 answer
  • Kalliyan has taken the same route home from work for years, but today the road is closed due to an accident. Kalliyan has an imp
    10·1 answer
  • Can someone tell me which one came first pls??
    14·2 answers
  • Name two cell organelles that are found in plant describe their function
    15·1 answer
  • 1. According to Muslim belief Muhammad was praying in a cave when he had a revelation in which he was told to
    14·1 answer
  • Why did the United Stares have a more positive outlook going into the Paris Peace Conterence?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!