What is a certificate of deposit assessment rate?

Answer The certificate of deposit assessment rate is the locked-in rate for which a person purchases a certificate of deposit. This rate will remain the same for the duration of the certificate of deposit... Read More »

Top Q&A For: What is a certificate of deposit assessment rate

What has been the highest certificate of deposit interest rate?

According to information from the Federal Reserve Board's Certificate of Deposit Index, the highest interest rate on record was 16.69 percent in October 1981. The lowest value of the index is the ... Read More »

How do I calculate yearly deposit amounts based on total certificate of deposit amount?

Figuring the DepositAdd 1 to the interest rate per month, then raise the number to the power of the number of times the CD compounds. This is the interest factor. Divide the total amount of the CD ... Read More »

What is a 30- to 60-day certificate of deposit?

A certificate of deposit is an account where the borrower, typically a bank, pays you a higher than market rate in exchange for your agreeing to leave your money with them for a set period of time.... Read More »

What Is a Digital Certificate of Deposit?

We live in an age of unprecedented technological advancement, which has extended to the world of financial investing. Most of the trading that takes place in the financial markets occurs electronic... Read More »