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Aleonysh [2.5K]
3 years ago
14

Which of the following savings vehicles usually requires a high minimum balance

Computers and Technology
1 answer:
GuDViN [60]3 years ago
7 0
A Savings Vehicle is an effective way to hold your savings. It could be a savings account. But some requires a high minimum balance such as Certificate of Deposit (CD). It is generally issued by commercial banks.  It is a time deposit too and restricts you from withdrawing funds.
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