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What are good CD rates? What bank should I go to?
I recently inherited a sum of money from a relative of mine who died last year.
I already have savings and don’t need to spend any of these money so I want to put it into a certificate of deposit for a while.
I’m new to this. My current bank offers a 9 month one with a APY of. 40%. I don’t know how often it’s compounded though.