What is a CD and what is a money market acct? How are they different from a regular savings?
Sunday, June 15th, 2008
book b asked:
I have some money that I want to put into some sort of a savings. I am confused about all this. Say I put in 10K (for easy #s) into a cd or money market with 4.04% interest how much would it make a month? Could I take the money out or would it have to stay? Could I take out just the interest each month? any info would be great. Thank you