History, 25.03.2020 00:31 abigail2403

Why is a certificate of deposit considered such a safe investment?
It is guaranteed by the federal government.
It is issued by a savings bank.
It pays a relatively low rate of interest.
It cannot be redeemed whenever the investor wants the money.

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More questions: History Another questions

Why is a certificate of deposit considered such a safe investment? It is guaranteed by the federal government. It is issued by a savings bank. It pays a relatively low rate of interest. It cannot be redeemed whenever the investor wants the money.

Answers

Another question on History

Why is a certificate of deposit considered such a safe investment?
It is guaranteed by the federal government.
It is issued by a savings bank.
It pays a relatively low rate of interest.
It cannot be redeemed whenever the investor wants the money.