asked 129k views
5 votes
Why is a certificate of deposit considered such a safe investment?

A) It is guaranteed by the federal government.
B) It is issued by a savings bank.
C) It cannot be redeemed whenever the investor wants the money.
D) It pays a relatively low rate of interest.

asked
User Bambax
by
8.4k points

2 Answers

0 votes

Answer:

i believe it is C

Step-by-step explanation:

answered
User RJP
by
7.9k points
2 votes

Answer:

A) It is guaranteed by the federal government.

Hope this helps

answered
User Sestertius
by
8.2k points
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