Homework 13 (Due Wednesday, Nov. 14th)
Research and find information on the following short and long-term interest rates below at three different commercial banks. The objective of this assignment is to compare and contrast interest rates being offered at different banks for the same financial instrument.
Short-term interest rates
money market accounts
6 month CD (certificate of deposit)
12 month CD
Long-term interest rates
2-year CD
5-year CD
15-year mortgage
30-year mortgage
Note: Make sure to provide website information (including the URL's) used on your homework assignment. You must do this in order to receive full credit for the assignment.