Beth and Mark would like to put some savings in the bank. They most likely will not need this money for 4 years, so Beth wants to put it in a four-year CD. Mark wants to put the money in a passbook savings account. What is NOT an advantage of a CD? * O Maturity dates can range from 7 days to 10 years. Typically, the longer the term is, the higher the interest rate. guarantees the payment of a fixed interest rate until maturity You cannot make deposits to or withdrawals from without a penalty.​

Step-by-step explanation:

Explanation

Verified

Step 1

Beth and Mark would like to put some savings in the bank. They most likely will not need this money for 4 years, so Beth wants to put it in a 4-year CD. Mark wants to put the money in a savings account. What is the advantage of a CD? What is the disadvantage.

Step

The disadvantage of Cd are that Cd has a penalties if money is withdrawn before maturity, and the advantage of CD is that Cd have higest interest rate.

Quite often, the CD will earn more interest—even if you have to pay a penalty for early withdrawal.

For example, my local credit union offers 0.10% interest on passbook savings and 1.46% interest on a 4-year CD. One of my local banks offers 0.01% interest on passbook savings, and 0.60% on a 4-year CD.

Step-by-step explanation:

  about 5.6 days

step-by-step explanation:

we can fill the given information into the decay equation and solve for the value of t at which half the sample remains.

the half-life is about 5.6 days.

its a trick question

step-by-step explanation:

dogs love water, just turn on the hose and it will run in circles chasing the water all day : )