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Certificate of Deposit Question and answers correctly solved $13.99   Add to cart

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Certificate of Deposit Question and answers correctly solved

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Certificate of Deposit Question and answers correctly solved Certificate of Deposit (CD) Certificate of Deposit (CD) - correct answer A certifiicate issued by a bank to a person deoposititng money for a specified length of time. Higher Rate then Regular Savings Invest - correct answer E...

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  • November 15, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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flyhigher329
Certificate of Deposit (CD)
Certificate of Deposit (CD) - correct answer ✔A certifiicate issued by a bank
to a person deoposititng money for a specified length of time.
Higher Rate then Regular Savings


Invest - correct answer ✔Expend money with the expectation of achieving a
profit or material result by putting it into financial schemes.


Annual percentage yield - correct answer ✔A normalized representation of
an interest rate.


Compounding - correct answer ✔When interest is earned on interest.


Stocks - correct answer ✔An instrument that signifies an ownership position
(called equity) in a corporation, and represents a claim on its proportional
share in the corporations assests and profits.


Stock Certificate - correct answer ✔A certificate documenting the
shareholders ownership in the corporation


Quoted - correct answer ✔A representation of prices for a stock during a
trading day.


Profit - correct answer ✔Making money on investment


Loss - correct answer ✔Losing money on investment

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