2 ms·
... certificates of deposit at $20k each. at around ~4% interest, each one will yield an income of ~$800/month. Shouldn't that be "each one will yield $800/yea
by abstractbill 18y ago
... certificates of deposit at $20k each. at around ~4% interest, each one will yield an income of ~$800/month.
Shouldn't that be "each one will yield $800/year"? That makes the total $800/month.
- deleted 18y ago[deleted]
- sfamiliar 18y agoeach one would yield $800/year, true, however you put one in a month such that they come up at the end of the year. 12 CDs, one for each month, each yielding $800/year. sorry if that was unclear.