Explain why CDs typically pay higher interest rates than regular savings accounts or interest-bearing checking accounts.
Standard detail
SAV.1b
Depth 2Parent ID: 01D5B190ECBF4581A740A7A943C16CA1Standard set: 12th Grade
Original statement
Quick facts
- Statement code
- SAV.1b
- List ID
- b
- Standard ID
- 802662F7F47546D699D1CAE30B4A6E76
- Subject
- Personal Financial Education (2021)
- Grades
- 12
- Ancestor IDs
- 01D5B190ECBF4581A740A7A943C16CA11A5169AAAF7F4ED5BC0770208D962047
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US