Term deposits · Going further · 6 of 6 · About 3 minutes

Reading a real term deposit

Two real deposits, each showing one thing the modules before taught.

1. 1Commonwealth Bank’s Standard Term Deposit pays 5.30% for 1 year, and 1.45% for 1 month.
2. 2NAB Term Deposit pays 5.30% at the end of 12 months, or 5.20% monthly.