Question

What are the disadvantaged of deposition easy money in bank ? And why?

Answer 1

Answer:

Disvantage of Deposition..

Disadvantages of a CD. Limited Liquidity: The owner of a CD cannot access their money as easily as a traditional savings account. To withdrawal money from a CD before the end of the term requires that a penalty has to be paid. Inflation Risk: CD rates may be lower than the rate of inflation.

Answer 2

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