4
QuizMultiple Choice

Topic Test

Question 4 • Third Block Dixon, Basic Ag Science, Intro. to Career Competencies Spring 26

Although buying a Certificate of Deposit can earn your higher returns than a regular savings account, it can have the negative side effect of _________.

Answer
A
Needing frequent transfers to stay active
B
Requiring a high initial investment
C
Being taxed when invested and when withdrawn
D
Having to be tied to a fixed rate saving account
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