Question

Time Deposit Account is also known as ________.

A  Saving Deposit Account

B  Fixed Deposit Account

C  Current Account

D  Recurring Deposit Account

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Answer 1

Explanation:

hope it helps you better understand the problem

Answer 2

Answer:

A time deposit or term deposit (in the United States also known as a certificate of deposit) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its “term”