Certificate of Deposit

Archive for January, 2006

Question: What is the Highest Interest % a CD (Certificate Of Deposit) has ever Earned?

What is the Highest Interest % a CD (Certificate Of Deposit) has ever Earned?

Answer: Almost 16% in the early 1980′s.

Finance: Investing & Saving : What Is a Negotiable Certificate Of Deposit?

Question: CD vs Money Market: which do you earn MORE interest?

Which do you think earns more interest Money Market accounts or Certificate of Deposits? What’s the difference of each in terms of interest? Thanks for answering!

Answer: Go to www.bankrate.com to compare available interest rates/terms.

Certificate Of Deposit (CD)

Question: Answer the next question(s) on the basis of the following list of assets?

Answer the next question(s) on the basis of the following list of assets:
1. Large ($100,000 and over) time deposits
2. Noncheckable savings deposits
3. Currency (coins and paper money)
4. Small (under $100,000) time deposits
5. Stock certificates
6. Checkable deposits
7. Money Market deposit accounts
8. Money Market mutual fund balances held by individuals
9. Money Market mutual fund balances held by businesses

Refer to the above list. The M1 definition of money comprises item(s):
1). 6 only.
2). 3, 4, and 6.
3). 3 and 6.
4). 2, 3, and

Answer: 3) 3 and 6

M1 includes currency and demand deposits. None of the other items on the list are included in M1.

Investing & Money Management : What Is the Definition of a Stock Exchange?