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Why is a certificate of deposit considered such a safe investment? A) It is guaranteed by the federal government. B) It is issued by a savings bank. C) It cannot be redeemed whenever the investor wants
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Why is a certificate of deposit considered such a safe investment?

A) It is guaranteed by the federal government.
B) It is issued by a savings bank.
C) It cannot be redeemed whenever the investor wants the money.
D) It pays a relatively low rate of interest.

User Bambax
by
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2 Answers

0 votes

Answer:

i believe it is C

Step-by-step explanation:

User RJP
by
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2 votes

Answer:

A) It is guaranteed by the federal government.

Hope this helps

User Sestertius
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