Compound interest CD example

[@amyhoang9140]

Do all cd's take into account the monthly coumpound interest? I am trying to figure out if it would be better to get a 12-month cd (let's say a 5.15%, not sure if this rate includes the compound interest monthly) or to leave money in the saving account (@ 4.55% apy) and at what rate these two would pay the same. My other big question is: is there cd that does not take into account monthly compound interest?

[@isaiahprado9226]

Just heads up you are better off investing in a Tbill as of right now with how the market and economy are performing and most importantly the Fed raising rates. Their rates are higher and plus less taxes paid on earned interest. -You're welcome.

[@amyhoang9140]

@@isaiahprado9226 thank you so much!

[@turboZ3]

@@isaiahprado9226 where is the best place to go to put sum cash in Tbills?

[@tlembro]

Where can i get 6%!

[@vagosthe0280]

You can't, it's an example

[@fainmetro]

Good vídeo!!

[@xzavier2010]

That’s it

[@CCCCCCCCCCCmany]

$200 (1.3+(.06/15)^(12*1.3)