TRUE/FALSE - Personal Finance
Bank Investment Options. 1) Savings Account-under .25% interest. advantages:-very liquid: easy to get your money-safe- insured by FDIC. disadvantages:-low interest rate. 2) Certificate of Deposit (C.D.) -sum of money deposited for a set period of time (ex. 6 months)-depositor receives full value when the CD matures. Advantages:-safe-higher rate of interest than savings accounts 1-2.5% ... ................
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