Which of these is a characteristic of certificates of deposit (cds)? they are always offered at variable rates. they last for a set period of time. they can be opened with any amount of money. they allow access to the money at any time without penalty.

The main characteristic of certificates of deposit (CDs) is that they are an investment with a specified investment period, as determined by the financial institution at the time of purchase of the CD. This allows the financial institution a specific period of time to use the money for investment. Consequently, early withdrawal of a CD will cause a penalty. Financial institutions will usually set a pre-determined interest rate for the period of time in which the CD is active.

A characteristic of certificates of deposit (CDs) is that they last for a set period of time.

What are certificates of deposit, CDs?

Certificates of Deposits CDs, are a type of financial investment in which the invested amount is for a specified or given amount of time.

The specified time us determined by the financial institutions.

Any withdrawal before that given time attracts a penalty.

Therefore, a characteristic of certificates of deposit (CDs) is that they last for a set period of time.

Learn more about about Certificates of Deposits at:

Maybe if you put away all your electronics and lock them with a key and give the key to some one you trust like your parents for about a month to stop the process

Well you see if you dont follow ur parent's expectations or rule you're going to get a beat