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A certificate of deposit pays a higher interest rate than a savings account because the money is A.) guaranteed by the government. B.) kept by banks for a longer time period. C.) loaned to banks by consumers.
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A certificate of deposit pays a higher interest rate than a savings account because the money is

A.) guaranteed by the government.
B.) kept by banks for a longer time period.
C.) loaned to banks by consumers.
D.) immediately available to consumers.

User Korina
by
6.7k points

1 Answer

5 votes
I think it’s c but I’m not a 100%
User Chriz
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