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The top-earning CD is a nine-month CD with an APY of 5.75 percent. High-yielding CDs currently pay APYs more than twice the national average. When the Fed …
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WebCalculating Yield: APY = (1 + r/n )n n – 1 R = started annual interest rate n= number of compounding periods each year.
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Here’s a quick comparison: From January to October 2022, the best one-year CD rates rose from around 0.50% annual percentage yields to 3% APY. But from …
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