Explanation:
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Is there a graph or a picture to go along with it? it would be easier for me to answer :)
The two statements that refer to the certificate of deposits are:
- It can be purchased from a banking institution.
- It can be purchased for almost any amount.
<h3>What is a certificate of deposit?</h3>
This is also referred to as time deposit. The deposit is a certificate that is issued to a person that is keeping money in a bank for a particular time period at a given rate of interest.
This certificate is gotten for almost any amount of money from the banks that are issuing them.
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