MY CD has said interest rate is 2.10%? Is this month? annual interest payment?
MY CD Account Bank of America says interest rate is 2.10%? Is this month? MY CD Account Bank of America says interest rate is 2.07%? Is this monthly or yearly? Dice Annual Percentage Yield: 2.10% I ~ 15000, and the need to save for tuition. But it is on a CD of 7 months ending on 09 September! I need money in June. What happens if I take $ 5,000 for three months before final CD
You will lose four months of interest if you do that. They must also pay a 10% early withdrawal, plus income tax federal. That APY is paid annually (each year).
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