Business College

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

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

Answers

Answer 1

The statements that apply to a certificate of deposit include;

It can be purchased from a banking institution.It can be purchased for almost any amount.

What is a certificate of deposit?

A certificate of deposit is a low-risk investment where the owner fixes a sum of money in an account for a period of time after which he can collect the investment along with interest accrued.

Banks and credit unions are main financial institutions known for issuing certificates of deposits.

Learn more about deposit on:

https://brainly.com/question/1874937

Answer 2

Answer:

B,D

Explanation:

Related Questions

Other Questions
Which phrase best completes the diagram?Physical geographyof MongoliaHas valuablegold reservesDoes not borderany oceans?O A. Is one of the world's largest oil producersO B. Has a tropical climateO C. Receives very little sunlightO D. Features large forested regions find 10 rational numbers between 3/5 and 3/4 ligaments connect blank bones What was lincolns plan to reunite the north and south?. True or false: Farm-state senators and representatives are no more likely to support funding and programs for the Department of Agriculture than they are to support other agencies help please! x+2/2x-2 = 7/x+3 what agreement did American settlers make with the Mexican government in order to colonize the province of Texas? You discover a mutation in the protein-coding sequence of a gene that does not change the amino acid sequence. This makes sense because __________. The Nazi Party was a fascist movement that appealed to the poor and humiliated people of Germany. What ideas was this movement based upon?A Industrial strength, economic independence and socialismB Racial purity, strong currency and limited governmentC National pride, military rule and racial purityD National pride, military rule and racial equality The Voting Rights Act ended poll taxes. literacy tests. voter segregation. gender discrimination Juan puts 36,500 milliliters of gasoline in his vehicle. A liter of gasoline costs $1.68.How much did the gasoline cost?Enter your answer in the box. What is your favorite color of the alphabet yes or no? Psychologists found over 18,000 different traits by compiling those listed in a dictionary..True.False The height of a triangular truss is 5 ft less than the base. The amount of drywall needed to cover the triangular area is 84 ft2. Find the base and height of the triangle to the nearest tenth of a foot. Statuses and their related roles determine the structure of the various groups in society. when these statuses and roles are organized to satisfy one or more of the basic needs of society, the group is called a(n) a. pastoral society. c. preindustrial society. b. social institution. d. agricultural society. Lindsey purchased one pet carrier that $21.89 and two bags of cat food that cost $16.46 each what was the total cost of these items? The second term is 5 the fourth term is 12 and the seventh term is 22. 5 what is the first term? Parents share that their toddler often needs a snack in between meals. Which snack choice is nutritious enough to give the toddler energy but also may help prevent dental caries What is true about cells in animals?1. Some animal cells can produce food.2. They can produce food.3. They cannot produce food.4. They are the same as plant cells. 9. Which compound is the least soluble at 20 C?