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A certificate of deposit is a certificate of ownership in a corporation. Question 4 options: True False
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A certificate of deposit is a certificate of ownership in a corporation.

Question 4 options:

True

False

User Varun Vishnoi
by
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1 Answer

2 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 Kareem Kamal
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