When is interest paid on a cd?
by 
The Curious Bag
ANSWERS: 1
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Most CDs (certificates of deposit) used to pay a fixed interest rate until their maturity was reached. Today, CDs are more complex, with options ranging from variable rate CDs, to long-term CDs, to CDs with unique and/or special features. Before purchasing any CD, check how often the interest is paid (monthly, semi-annually, or on maturity), and how the interest will be paid (check or electronic transfer).
Source:
sec.gov: High-Yield CDs -- Protect Your Money by Checking the Fine Print
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