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day : 01/11/2018 1 result

CRACKING THE CODE ON A CERTIFICATE OF DEPOSIT (CD)

A certificate of deposit can be used for short-term savings but can also be used for the long-term as the funds cannot be accessed whenever you would like. To withdraw money from a certificate of deposit without incurring a penalty, you have to wait until the certificate of deposit’s maturity date has occurred. A certificate of deposit is a loan that you will agree to with your bank. During this time, your money will be locked-in for a certain amount of time until it reaches its maturity ...