Xavier bought a certificate of deposit whose interest rate changes with the stock market.In fact,he might even earn 0% interest on his investment for a time.He purchased a

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A stock-indexed CD's interest rate is tied to the performance of a specific stock index, such as the S&P 500. This means that the interest rate can fluctuate based on how the stock market is doing. Xavier's CD fits this description, as he may earn 0% interest at times, but also has the potential to earn higher interest if the stock market performs well.

Xavier Bought a Certificate of Deposit Whose Interest Rate Changes