Synthesized summary of key facts
“Compare the interest earnings of a $10,000 1-year CD and a high-yield savings account to determine which will earn more interest.”
Interest earnings with a $10,000 deposit will look similar, but there are big differences savers should know first.
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Originally reported by CBS News
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Interest earnings with a $10,000 deposit will look similar
There are big differences savers should know first
CDs and high-yield savings accounts have different benefits and drawbacks
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