menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 2
  4. Exam
    Exam 5: Managing Checking and Savings Accounts
  5. Question
    A Long-Term,fixed-Rate Certificate of Deposit Would Be Most Appropriate When
Solved

A Long-Term,fixed-Rate Certificate of Deposit Would Be Most Appropriate When

Question 11

Question 11

True/False

A long-term,fixed-rate certificate of deposit would be most appropriate when interest rates are moving up.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Wise money managers should select the savings

Q7: Money market deposit accounts are normally federally

Q8: A _ is a firm that notifies

Q9: The Federal Deposit Insurance Corporation (FDIC) insures

Q10: If one believes interests rates will move

Q12: A person whose income is dependent on

Q13: Common financial services offered by depository institutions

Q14: It is not required for an ATM

Q15: A tenancy by the entirety account may

Q16: Fees of no more $10 are generally

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines