asked 100k views
1 vote
a certficate of deposit pays a higher interest rate than a savings account because the money is. A) guaranteed by the government. B) kept by banks for a longer time period. C) loaned to banks by consumers. D) immediately available to consumers.​

2 Answers

5 votes

Answer:

B) kept by banks for a longer time period.

answered
User Andy Joyce
by
7.8k points
3 votes

B) kept by banks for a longer time period.

hope this helped

answered
User Crystark
by
8.0k points
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