While the majority of certificates of deposit pay a fixed rate of interest,variable-rate certificates of deposit are available.

Question

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Variable-rate certificates of deposit offer interest rates that can fluctuate based on market conditions or other factors. These types of CDs may be appealing to investors who want to potentially earn higher rates if interest rates rise, but also face the risk of earning lower rates if interest rates fall.

While the Majority of Certificates of Deposit Pay a Fixed