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

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

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

Answer

Brief Explanations:

Certificates of deposit (CDs) are financial products offered by banking institutions. They can be bought in various amounts. CDs can be short - term or long - term, not always one or the other, and are not purchased through an employer.

Answer:

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