Changes

Generally speaking, the longer the contract term and/or the more deposited, the greater the [[interest rate]] offered.

Generally speaking, the longer the contract term and/or the more deposited, the greater the [[interest rate]] offered.

Any attempt to take money out of the certificate of deposit before its expiration date would result in a monetary penalty.

Any attempt to take money out of the certificate of deposit before its expiration date would result in a monetary penalty.  However in most cases the penalty can be deducted from taxable income.

==See also==

==See also==