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  • What is a CD and how does it work 2024?

    Questioner:Oliver Davis 2023-05-07 10:05:47
The most authoritative answer in 2024
  • Lucas Jackson——Works at the International Development Association, Lives in Washington, D.C., USA.

    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.read more >>
    +119962023-05-12 10:05:47

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