i want to put $ into cd,s the bank wants source of income, without revealing source of income, how to do this
Tuesday, September 29th, 2009By: mark v
If I deposit $11,000 into a high-yield CD at Bank of America, do I get paid monthly or yearly?
Bank of America has an interest rate of 4.72% and an APY of 4.80%.
So if I opt for 4.72% interest, am I earning about $500/month on interest then? Am I calculating wrong? How much will I earn per month?
Thanks.
By: ShadowD