Question

Choose all that apply. Select all of the reasons an individual would save his money in a CD. High interest rates the amount deposited is matched safe no fees it is good for the U.S. Government

Answer 1

The answer is:

high interest rates

safe

no fees

When buying  certificate of deposit,  you enter an agreement that you would give a certain amount of money to the CD issuer for a fixed period of time. In return, the issuer would give it back along with additional fixed interest revenue after the date is due.

Since CD is insured by Federal Deposit Insurance Corporation (FDIC) , it is considered as one of the safest form of investment out there.

Answer 2

High interest rates

Safe

No fees