Which investment has a fixed rate and is issued by commercial banks?


Certificate of Deposits


Treasury bills


Mutual funds


Stocks

Respuesta :

Answer:

The correct answer is letter "A": Certificate of Deposits.

Explanation:

A Certificate of Deposit or CD is a common financial product sold by commercial banks, thrift organizations, and credit unions. Customers buy CDs to earn interest while keeping their money saved. Bank CDs are insured up to $250,000 in the U.S. by the Federal Deposit Insurance Corporation (FDIC).