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How does a CD at a bank work 2024?

Harper Wilson | 2023-05-07 10:08:24 | page views：1732
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Zoe Gonzalez

Studied at the University of Tokyo, Lives in Tokyo, Japan.
Certificates of deposit (CDs) are among safe investments available from banks and credit unions. They typically pay higher interest rates than savings accounts and money market accounts, but there's one drawback: To use a CD account, you have to lock your money up in the account--although it's possible to get out early.
2023-05-07 10:08:24
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Ethan Davis

QuesHub.com delivers expert answers and knowledge to you.
Certificates of deposit (CDs) are among safe investments available from banks and credit unions. They typically pay higher interest rates than savings accounts and money market accounts, but there's one drawback: To use a CD account, you have to lock your money up in the account--although it's possible to get out early.
Learn How Certificates of Deposit (CDs) Work - The Balance
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