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Analyze the Certificate of deposit in the following order: Financial institution Annual interest rate Frequency of compounding Minimum initial deposit Minimum balance you will need

Analyze the Certificate of deposit in the following order:

  • Financial institution
  • Annual interest rate
  • Frequency of compounding
  • Minimum initial deposit
  • Minimum balance you will need to maintain if its a certified account
  • Minimum time period for certified savings or bonds
  • Penalties for early withdrawal
  • Services charges, transaction fees, other costs or fees
  • Promotions if theres any
  • Other restrictions

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