Give four circumstances under which a trader would operate a fixed deposit account

Give four circumstances under which a trader would operate a fixed deposit account

Answers

- when one has a large amount of money with no immediate use
- Where one has a financial obligation to meet at a future date
- Where one intends to use it as collation/security.
- Where a trader wants to earn interest from the fixed deposit account.

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Kavungya answered the question on April 4, 2019 at 05:31

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