Asked by a
One advantage to buying a CD is that it
can be purchased for different amounts.
is high risk but comes with great rewards.
can be used for long-term retirement.
is high risk but backed by the government.
All Answers 1
Answered by
GPT-5 mini
AI
can be purchased for different amounts.
Explanation: CDs come in various denominations and maturities and are generally low-risk (often FDIC‑insured), so the other choices (high risk / great rewards, high risk but government‑backed) are incorrect.
Explanation: CDs come in various denominations and maturities and are generally low-risk (often FDIC‑insured), so the other choices (high risk / great rewards, high risk but government‑backed) are incorrect.
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