What factors affect certificate of deposit rates

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Reference no: EM133629713

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In the U.S., the government provides a variety of assistance programs. Many of these programs are designed to provide temporary, not permanent, assistance. However, the design of many of the programs does not provide a path to self-sufficiency and, in fact, may financially punish people as they become more self-sufficient. RESPOND For this week's discussion, compare the certificate of deposit (CD) of at least three banks. What factors affect certificate of deposit rates? What is the difference between a compound interest and a simple interest?

Reference no: EM133629713

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