Question

which type of account is time deposit account?​

Answer 1

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A time deposit is an interest-bearing bank account that has a date of maturity, such as a certificate of deposit (CD). The money in a time deposit must be held for the fixed term to receive the interest in full.

Explanation:

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Answer 2

Answer:

A time deposit is an interest-bearing bank account that has a date of maturity, such as a certificate of deposit (CD). The money in a time deposit must be held for the fixed term to receive the interest in full.

Explanation:

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Explanation: