181k views
5 votes
@sara17 @countonme123 . . When it comes to interest, most CDs will allow which of the following options?. . A.Withdrawal of principal. B.Interest reinvestment. C.Daily withdrawals of interest. D.Loans against the principal

User Priyeshj
by
8.0k points

2 Answers

5 votes
The answer to the question above is letter B. When it comes to interest, most Certificate of Deposits will allow the interest be reinvested the gain from the dividends or interest in their investments. Interest and capital gains earning in an investment to purchase additional shares of units rather than receiving the distribution in cash.
User Tricertops
by
7.8k points
1 vote
when it comes to interest, most CDs will allow : B. interest reinvestment

which mean that most CDs will give an option to reinvest the interest that you've gained through the CD and create a larger amount of interest in the future.

hope this helps
User Chech
by
7.9k points