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Brainlyman69 Brainlyman69
  • 16-05-2016
  • Mathematics
Answered

Why do certificates of deposit tend to offer better interest rates than money market accounts?

Verified Answer :

Edufirst
Edufirst Edufirst
  • 26-05-2016

Because in the money market the money can be withdrawn in any moment buy in the certiicates of deposit there is a maturity date, that is when money can be withdrawn.

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