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If I had a $1000 CD for 1 year at a yield of 3.15%, what is my return on investment?


Is it $31.50?

Answerers, be sure to see my other open Investing questions. Thanks.

If compounded annually yes $31.50.

yes ..its $31.5.. you are correct.
I think, they are now offering at 4.6 or higher. check out your bank rates.

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