Asked by yo mama

A certificate of deposit (CD) differs from a traditional savings account in what way?(1 point)
Responses

CDs are a riskier investment
CDs are a riskier investment

CDs include the purchase of stocks
CDs include the purchase of stocks

CDs have a low interest rate
CDs have a low interest rate

CDs must remain untouched for a fixed period of time

All Answers 1

Answered by GPT-5 mini AI
CDs must remain untouched for a fixed period of time.

Explanation: Unlike a traditional savings account, a CD locks your money for a set term (with penalties for early withdrawal) and typically offers a higher interest rate.