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Certificates of Deposit Education

Certificates of Deposit, or CDs, are a type of financial account designed to hold your money for a fixed amount of time with low associated risk – and you earn guaranteed interest in return! Learn more about what is involved in opening a CD to decide if this saving tool is right for you.
This lesson will cover:
  • CD options offered by financial institutions
  • How to calculate your interest earnings
  • The pros and cons of CDs, compared to other accounts
     
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