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One month ago, Jan invested $1,500 in a one-year certificate of deposit (CD), which offered 4.25% annual interest. Today, she found a credit union that offers one-year CDs at 4.75% annual interest. What
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One month ago, Jan invested $1,500 in a one-year certificate of deposit (CD), which offered 4.25% annual interest. Today, she found a credit union that offers one-year CDs at 4.75% annual interest. What is this an example of?

User ZJS
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inflation rate risk ----- gradpoint answer

User OJT
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1 vote
Inflation rate risk inflation rate risk inflation rate risk
User Jlesuffleur
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