Question

which scenario is a fixed investment?
a certificate of deposit (cd) with a fixed interest rate for a term of 3 years, with the principal repaid at maturity
a savings account with a variable interest rate and no fixed term
a stock investment with dividends that fluctuate based on the companys annual profits
an index fund that tracks a market index and has returns varying with market performance

Explanation:

A fixed investment has a set term, fixed return rate, and guaranteed principal repayment at maturity. The certificate of deposit (CD) matches these traits, while the other options have variable returns/no fixed term.

Answer:

a certificate of deposit (CD) with a fixed interest rate for a term of 3 years, with the principal repaid at maturity