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Why you should put $20,000 into a long-term CD now

Por: CBS News Business November 08, 2023

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A $20,000 deposit into a long-term CD could results in thousands of dollars of interest earned. AonKhanisorn/Getty Images and have always been smart and effective ways for savers to grow their money. But in recent months and years, they've become an integral way to do so. That's because rates on both account types have climbed exponentially alongside the Federal Reserve's increases to the benchmark interest rate. As such, rates... + full article



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