The answer is option B or "He believed it was a tool of the wealthy.
" Andrew Jackson was well known for hating the banks of America because he thought it favored the rich and didn't help the poor. Jackson also feared of expansion towards the east of America which would destroy the west foundations. Jackson was also known for being born in a poor family and had the experience and at that time the power to change things and it was a win for poor Americans in the United States.
The interest rates of certificate of deposit are locked rates because they provide a clear and predictable return on any deposit over a specific period and the financial institution cannot later change the interest rate to reduce earnings.