Which of the following typically offers the highest rate of return?
A) certificates of deposit
B) passbook savings accounts
C) Now accounts
D) money market deposit accounts

Question

Quizplus · Accepted Answer

Certificates of deposit (CDs) typically offer higher interest rates compared to other savings options like passbook savings accounts, NOW accounts, and money market deposit accounts, as they require the depositor to lock in their money for a fixed term.

Which of the Following Typically Offers the Highest Rate of Return