which of these is a characteristic of certificates of deposit (cds)? they are always offered at variable…

which of these is a characteristic of certificates of deposit (cds)? they are always offered at variable rates. they last for a set period of time. they can be opened with any amount of money. they allow access to the money at any time without penalty.

which of these is a characteristic of certificates of deposit (cds)? they are always offered at variable rates. they last for a set period of time. they can be opened with any amount of money. they allow access to the money at any time without penalty.

Answer

Brief Explanations:

Certificates of deposit (CDs) have a fixed - term, meaning they last for a set period of time. They usually have fixed interest rates, require a minimum deposit amount, and have penalties for early withdrawal.

Answer:

They last for a set period of time.