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What is a CD and how does it work 2024?

Charlotte Jackson | 2023-05-07 10:05:47 | page views：1665
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Isabella Diaz

Studied at the University of Seoul, Lives in Seoul, South Korea.
How do CDs work? Certificates of deposit are a form of time deposit, an arrangement in which money must stay in the bank for a certain length of time to earn a promised return. A CD, also called a --share certificate-- at credit unions, almost always earns more interest than a regular savings account.
2023-05-08 10:05:47
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Julian Turner

QuesHub.com delivers expert answers and knowledge to you.
How do CDs work? Certificates of deposit are a form of time deposit, an arrangement in which money must stay in the bank for a certain length of time to earn a promised return. A CD, also called a --share certificate-- at credit unions, almost always earns more interest than a regular savings account.
How Do CDs Work? Learn How to Save Smarter - NerdWallet
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