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Which statements apply to a certificate of deposit (CD)? Check all that apply.
•It is always purchased as a short-term investment.
•It can be purchased from a banking institution.
•It is ahvays purchased as a long-term investment.
•It can be purchased for almost any amount.
•It is purchased through an individual's employer.

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jayilych4real

Answer:

It can be purchased from a banking institution.

It can be purchased for almost any amount.

Explanation:

A certificate of deposit (CD) is simply a financial deposit that has a time limit between an individual and a financial institution to pay dividends after a particular period of time.

The statements that applies to a certificate of deposit (CD) are

It can be purchased from a banking institution.

It can be purchased for almost any amount.

Answer:

d. It can be purchased for almost any amount. and

b. It can be purchased from a banking institution. on edge

Explanation:

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