What is Certificate of Deposit (CDs)? | Features & Interest Calculation with Example
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What is Certificate of Deposit (CDs)? | Features & Interest Calculation with Example
A certificate of deposit (CD) is a savings certificate with a fixed maturity date and specified fixed interest rate that can be issued in any denomination aside from minimum investment requirements. A CD restricts access to the funds until the maturity date of the investment. Join our MemberShip Program for Exclusive Research Content: https ...
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