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2. How To Calculate CD Interest: A Step-by-Step Guide - AOL

   www.aol.com/calculate-cd-interest-175101582.html

   APY, for annual percentage yield, is the effective rate of interest you earn on your CD after accounting for compounding. You don't enter APY as the rate when you're calculating compound interest ...

3. How to invest with CDs - AOL

   www.aol.com/finance/invest-cds-081806092.html

   $5,000 in a no-penalty CD with a 4.00 percent APY: While this yield is equal to the bank’s standard 1-year CD, it’s still higher than the bank’s 3-month CD.

4. Certificate of deposit - Wikipedia

   en.wikipedia.org/wiki/Certificate_of_deposit

   A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. CDs require a minimum deposit and may offer higher ...

5. How do certificates of deposit work? Understanding CDs ... - AOL

   www.aol.com/finance/how-do-cds-work-220139365.html

   A variable-rate CD — also called a flex CD — is a type of certificate of deposit with an interest rate that can fluctuate periodically over the term of the CD based on market conditions.

6. How much should you keep in a CD? Balancing safety and ... - AOL

   www.aol.com/finance/how-much-in-certificate-of...

   Certificates of deposit are among the smartest ways to prepare for lower interest rates and earn guaranteed yields on your savings. But they come with a catch: You can only deposit money once ...

7. High-yield savings accounts vs. CDs: Which is best for ... - AOL

   www.aol.com/finance/high-yield-savings-account...

   High-yield savings accounts offer flexibility and access, while certificates of deposit can offer higher interest rates. Compare HYSAs and CDs to find the best for your budget.