Geography, asked by parshuramguttedar99, 11 months ago

importance of term deposit amount​

Answers

Answered by Anonymous
2

Answer:

Term deposits offer a fixed rate of interest over the life of the investment. Term deposits are risk-free, safe investments since they're either backed by the FDIC or the NCUA. ... Term deposits have a low minimum deposit amount. Term deposits pay higher rates for larger initial deposit amounts.

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Answered by MsBombshell
0

—(••÷ Answer ÷••)—

꧁Term deposits offer a fixed rate of interest over the life of the investment. Term deposits are risk-free, safe investments since they're either backed by the FDIC or the NCUA. ... Term deposits have a low minimum deposit amount. Term deposits pay higher rates for larger initial deposit amounts.꧂

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