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Over [174]
3 years ago
10

Which statements apply to a certificate of deposit (CD)? Check all that apply.

Social Studies
1 answer:
Contact [7]3 years ago
9 0

Answer:

It can be purchased from a banking institution.

It can be purchased for almost any amount.

Explanation:

A certificate of deposit (CD) is simply a financial deposit that has a time limit between an individual and a financial institution to pay dividends after a particular period of time.

The statements that applies to a certificate of deposit (CD) are

It can be purchased from a banking institution.

It can be purchased for almost any amount.

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