Register

Why do certificates of deposit tend to offer better interest rates than money market accounts?

Why do certificates of deposit tend to offer better interest rates than money market accounts?
asked 192k views
0 votes
Why do certificates of deposit tend to offer better interest rates than money market accounts?

asked
User Arlette
by
8.2k points

1 Answer

0 votes
Because in the money market the money can be withdrawn in any moment buy in the certiicates of deposit there is a maturity date, that is when money can be withdrawn.
answered
User Ercan Peker
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!