Register
You decide to cash out your CD early. What will happen?
213k views
4 votes
You decide to cash out your CD early. What will happen?

User Benjamin Oman
by
6.2k points

1 Answer

5 votes
Most banks want you to pay a hefty maturity fee if you want to take out your CD early. Some banks or credit union charge you three months of interest to the bank and you lose principal to that money.
User Rodrigo Rodrigues
by
6.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.7m questions

8.9m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Link Copied!