Final answer:
The four components of a deposit offer are principal, interest rate, duration, and terms and conditions.
Step-by-step explanation:
The four components of a deposit offer in the context of banking are:
- Principal: The amount of money that is being deposited.
- Interest rate: The percentage of the principal that will be earned as interest over a certain period of time.
- Duration: The length of time for which the deposit will be held.
- Terms and conditions: Any additional guidelines or limitations set by the bank regarding the deposit.
For example, if someone deposits $1,000 in a savings account with an interest rate of 2% per year for a duration of 3 years, the deposit offer would include these four components. The interest would be calculated based on the principal and the duration.