Practice mode Agriculture

What is an interest-bearing deposit that the depositor can normally withdraw at any time called?

Correct answer B. Savings deposit

Explanation

A savings deposit earns modest interest while allowing the holder to withdraw funds on demand, unlike a fixed deposit locked in for a set term.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.