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- Jan 7, 2004
If a CD APY rate is 5% - its a 3 month CD
You put in lets say $1000.
Will you recieve $1050 after the 3 months?
Basically what Im asking is do they pay you the return after the 3month maturity date because the idea of ANNUAL percent yeild confuse me a little.
thanks
You put in lets say $1000.
Will you recieve $1050 after the 3 months?
Basically what Im asking is do they pay you the return after the 3month maturity date because the idea of ANNUAL percent yeild confuse me a little.
thanks