Which of the Following Is Not True About a Certificate

question 87

Multiple Choice

Which of the following is not true about a certificate of deposit (CD) ?

• A)It pays higher interest than a saving account
• B)Are only offered in denominations of $100,000 or more
• C)It is not as liquid as a savings account
• D)Funds are locked in for specific periods of time

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Definitions:

Evolutionarily Oldest

Refers to the earliest developments in the history of life on Earth or the most ancient traits and behaviors preserved through natural selection.

Cerebral Cortex

The intricate fabric of interconnected neural cells covering the cerebral hemispheres; the body’s ultimate control and information-processing center.

Reticular Formation

A complex network of nerve pathways within the brainstem, involved in controlling alertness and consciousness.

Brainstem

A region at the base of the brain that controls vital functions like breathing, heart rate, and blood pressure.