Which financial product typically pays the highest rate of interest? Savings account C Certificate deposit B. Money market account D. Com

The financial product that typically pays the highest rate of interest is a Certificate of Deposit (CD). A CD is a type of savings account that has a fixed term (usually one to five years) and a fixed interest rate. It is intended that the CD be held until maturity, at which time the money can be withdrawn together with the accrued interest. CDs usually have higher interest rates than savings accounts and money market accounts because the money is locked in for a set period of time.