Question

Select the correct term to match the following description: "This type of

investment option gives you the highest interest rate possible."
A. Real Estate
B. CDs
C. Bonds
D. Mutual Funds
SUBMIT

Answer 1

The correct term is CDs, which are Certificate of Deposit. CDs offer higher interest rates compared to other options like savings accounts or bonds. They are offered by banks and credit unions.

Step-by-step explanation:

The correct term to match the given description is CDs or Certificate of Deposit. CDs are a type of investment option that generally offer higher interest rates compared to other options such as savings accounts or bonds. They are offered by banks and credit unions and usually have a fixed term, ranging from a few months to several years. Investing in CDs is considered relatively low risk.

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