Which of the Following Is Not an Advantage of a CD

question 61

Multiple Choice

Which of the following is not an advantage of a CD as a cash management alternative for John and Maile?

• A)High interest rate
• B)Fixed rate of interest
• C)It is insured.
• D)Pays money market interest rates
• E)Lends itself well to automated payroll deduction plan

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Definitions:

Creativity

The capability to produce or identify concepts, options, or opportunities that can aid in resolving issues, engaging in communication with people, and providing amusement to both ourselves and others.

Low Tolerance

A reduced capacity or willingness to accept deviations from a standard or to endure difficult conditions or treatment.

Internal Locus

This concept describes individuals who believe they have control over their life events and outcomes, as opposed to being controlled by external factors.