asked 66.5k views
1 vote
A CD account

allow you to
withdraw money before the time of
maturity.
A. doesn't
B. does
C. periodically will

asked
User Petervaz
by
8.7k points

1 Answer

6 votes

Final answer:

The correct answer is B. does.


Step-by-step explanation:

The correct answer is B. does.

A CD account, also known as a Certificate of Deposit account, allows you to withdraw money before the time of maturity. This is one of the features that makes CDs different from other types of savings accounts.

For example, if you have a CD account with a maturity period of 1 year, but you need to withdraw the money after 6 months, you are usually allowed to do so. However, keep in mind that withdrawing money from a CD account before maturity may result in penalties or reduced interest rates.


Learn more about CD accounts

answered
User Jetti Madhu
by
8.4k points
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