Although buying a Certificate of Deposit can earn your higher returns than a regular savings account, it can have the negative s

Question

3 years ago

9

Although buying a Certificate of Deposit can earn your higher returns than a regular savings account, it can have the negative s

ide effect of _________.. . . . a. . . Needing frequent transfers to stay active . . . b. . . Requiring a high initial investment . . . c. . . Being taxed when invested and when withdrawn . . . d. . . Having to be tied to a fixed rate saving account .

English

2 answers:

lukranit [14] · Answer 1 · 2022-01-14T12:30:35+03:00

lukranit [14]3 years ago

8 0

Requiring a high initial investment

kow [346] · Answer 2 · 2022-01-14T11:14:33+03:00

kow [346]3 years ago

6 0

Out of the following choices, the negative side effect is requiring a high initial investment. The correct answer is B.