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padilas [110]
3 years ago
7

Which of these is a characteristic of certificates of deposit (CDs)?

Mathematics
1 answer:
bazaltina [42]3 years ago
6 0

Answer:

The certificates of deposit last for a set period of time. A certificate of deposit (CD) is a special type of savings account, offered by banks and credit unions. In general, the investor must keep the funds on the CD for a specific period of time to avoid penalties.

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