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14 October, 09:54

A certificate of deposit allows deposits and withdrawals at any time without a financial penalty.

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  1. 14 October, 10:00
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    Although there is no question here, I am assuming that this is a True/False question because it is a False statement.

    A certificate of deposit is an investment with a fixed interest rate for a fixed period of time. There are nearly always penalties for early withdrawal.
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