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Which of the following certificates of deposit (CDs) will earn the lowest total dollar amount of interest? Group of answer choices a $200 CD, with an annual interest rate of 5 percent for a 2-year term a $500 CD, with an annual interest rate of 2 percent for a 1-year term a $600 CD, with an annual interest rate of 4 percent for a 6-month term a $1,000 CD, with an annual interest rate of 3 percent for a 6-month term

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Answer:

NerdWallet's CD calculator shows what you can earn with a CD, a type of savings account you leave untouched for months or years. Like regular savings accounts, CDs are safe because they are federally insured. Use the CD calculator below to see total interest.

Explanation:

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