An account option which features a note that is issued by a bank to a depositor for funds placed for a set period of time is; A. certificate of deposit.
<h3>What is a certificate of deposit (CD)?</h3>
A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for an interest rate premium.
This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder than other regular savings account because banks usually invest this money (lump-sum) in a business, so as to make profit.
Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, so it's somewhat safer than other investment options.
In this context, we can reasonably infer and logically deduce that a savings account option which features a note that is issued by a financial institution (bank) to a depositor for funds that are placed for a set period of time is referred to as a certificate of deposit.
Read more on certificate of deposit here: brainly.com/question/28190396
#SPJ1
something that is present but no longer used by an organism such as a tailbone or appendix in humans
Answer:
corona virus has affected us in mental aand physical condition
<span>The morgan company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and production departments. this is an example of departmentalization by function
</span>
I am not Good at Business and all, but I think it's Experience that will satisfy.
