Question:Which of the following  is a characteristic of a certificate of deposit? 

A You have to earn at least $100,000 in salary to be allowed to buy a CD 
B It is just a different name for a savings account 
C It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days 
D Only large banks offer them 

+ Answer
B 

+ Explanation
Answer not sure

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Md. Habib Ullah

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