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