what is fixed deposit ?? what is its fixed period of time ???
Answers
Answered by
1
Answer:
Standard fixed deposits are investment schemes wherein you invest an amount for a fixed period and a predetermined interest rate. The period of investment or tenure can range from 7 days up to 10 years.
Answered by
1
Answer:
A term deposit is a fixed-term investment that includes the deposit of money into an account at a financial institution. Term deposit investments usually carry short-term maturities ranging from one month to a few years and will have varying levels of required minimum deposits.
thanks for marking me as a brainiest answer
Similar questions