Answer :
The certificates of deposit (cds) differ from other saving services because the certificates of deposit require that the money remain deposited for a specified length of time, during which it cannot be accessed.
What is a certificate of deposit?
This is a certificate issued by a bank to a person depositing money for a specified length of time at a specified rate of interest.
Cerificates of Deposits are term deposits, so funds are locked up for a specific amount of time.
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Answer:
A. certificates of deposit require that the money remain deposited for a specified length of time, during which it cannot be accessed