asked 218k views
5 votes
Certificates thay earn interest and are redeemed on a given date

asked
User Miedwar
by
7.7k points

1 Answer

4 votes

Answer: The correct answer is : Term deposit

Explanation: It is a fixed-term investment where money must be deposited in an account in a financial institution. These investments usually have a short term maturity, where they can go from one month to a few years. The investor can only withdraw his funds after the end of the term.

answered
User Rozy
by
7.2k points
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