Understanding the Concept of Highest Interest CD
A certificate of deposit (CD), is one of the financial products offered by banks, credit unions, and thrift institutions. Moreover, it is time and again called the “money in the bank”, and for the most part has the fixed highest interest CD (certificate of deposit). It also is characterized by having a fixed term. Moreover, the interests rates are very high in lieu of holding the depositor’s money for longer than the usual period. So the
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