When considering a CD as a savings vehicle, it's important to keep in mind that an early withdrawal of funds will likely come with a financial penalty.
Deposit Amount |
Interest Earned |
Monthly Interest |
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Deposit Amount |
Interest Earned |
Monthly Interest |
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First CD | Second CD | |
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Deposit Amount | ||
Interest Earned | ||
Total |
When considering a CD as a savings vehicle, it's important to keep in mind that an early withdrawal of funds will likely come with a financial penalty.