8
QuizMultiple Choice

Investing — Quiz

Question 8 • Personal Finance and Economics

Which statements apply to a certificate of deposit (CD)? Choose two correct answers.

Answer
A
It is always purchased as a long-term investment.
B
It can be purchased for almost any amount.
C
It is purchased through an individual's employer.
D
It is always purchased as a short-term investment.
E
It can be purchased from a banking institution.
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