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1 November, 02:51

Why is a certificate of deposit considered such a safe investment?

It is guaranteed by the federal government.

It is issued by a savings bank.

It pays a relatively low rate of interest.

It cannot be redeemed whenever the investor wants the money.

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Answers (2)
  1. 1 November, 02:58
    0
    It is issued by a bank it's called a saving bond.
  2. 1 November, 03:06
    0
    Answer: it is guranteed by the federal government
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