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    Exam 10: Investing, Borrowing, and the Time Value of Money
  5. Question
    A Chartered Bank's Certificate of Deposit Is ____
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A Chartered Bank's Certificate of Deposit Is ____

Question 3

Question 3

Multiple Choice

A chartered bank's certificate of deposit is ____.


A) a document showing how much was deposited into a bank account
B) generally issued in $5000 denominations
C) insured by the federal government if less than $100,000
D) a long term, high interest rate investment

Correct Answer:

verifed

Verified

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