which statements apply to a certificate of deposit (cd)? choose two answers.\nit is always purchased as a…

which statements apply to a certificate of deposit (cd)? choose two answers.\nit is always purchased as a short - term investment.\nit can be purchased from a banking institution.\nit is always purchased as a long - term investment.\nit can be purchased for almost any amount.\nit is purchased through an individuals employer.

which statements apply to a certificate of deposit (cd)? choose two answers.\nit is always purchased as a short - term investment.\nit can be purchased from a banking institution.\nit is always purchased as a long - term investment.\nit can be purchased for almost any amount.\nit is purchased through an individuals employer.

Answer

Brief Explanations:

  • Certificates of deposit (CDs) can be purchased from banking institutions.
  • CDs can be purchased for various amounts, not just specific ones.
  • CDs can have different terms (not always short - term or long - term).
  • CDs are not purchased through an individual's employer.

Answer:

B. It can be purchased from a banking institution; D. It can be purchased for almost any amount.