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5 votes
A certificate of deposit is a certificate of ownership in a corporation.

Question 28 options:
True
False

User Ddelizia
by
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2 Answers

3 votes

Answer:

False

Step-by-step explanation:

User Jason Orendorff
by
8.2k points
6 votes

Answer:

False

Step-by-step explanation:

A certificate of Deposit or CD is a deposit made into a bank for a specific time. This deposit will earn a fixed interest rate that varies upon the days the deposit is made of. The rule is: Longer the days of the deposit, longer the interest rate paid.

User Jay Dub
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