Which CD pays earnings based on the stock market?

Name: Which CD pays earnings based on the stock market?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Indexed CDs are tied to the performance of a specific market index, such as the S&P 500. As the index rises, so does the rate of return on the CD. This allows investors to potentially earn higher returns based on the performance of the stock market, while still having the protection of FDIC insurance on their deposit.

Which CD Pays Earnings Based on the Stock Market