Certificate of Deposit
Authored by Ayami Suzuki
Business
6th - 8th Grade
Used 17+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Certificate of Deposit is a savings account.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
With a certificate of deposit, you can get interests if you deposit your money for
a day
a week
a fixed amount of time
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
With the certificate of deposit, you get less interest than a regular savings account.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the minimum amount of open up a certificate of deposit?
$100,00
$1000,00
Usually, it doesn't have minimum amount.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Usually, the certificate of deposit is better for
Short term goals
Long term goals
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