In general,the shorter the maturity time on a certificate of deposit,the higher the rate of interest that will be paid.

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Generally, the longer the maturity time on a certificate of deposit, the higher the rate of interest that will be paid. This is because the financial institution is able to use the funds for a longer period of time and has more certainty about the interest rate environment over a longer time horizon.

In General,the Shorter the Maturity Time on a Certificate of Deposit,the