In general,you will receive higher rates of interest on your certificate of deposit the ____ the maturity and the ____ the dollar amount invested.
A)shorter; smaller
B)longer; smaller
C)longer; larger
D)shorter; larger

Question

Quizplus · Accepted Answer

The longer the maturity period and the larger the dollar amount invested, the higher the interest rate you will receive on your certificate of deposit. This is because you are essentially giving the bank your money for a longer period of time, and/or with a larger amount, which allows them to invest those funds and earn a higher return, which they can then pass on to you as a higher interest rate.

In General,you Will Receive Higher Rates of Interest on Your