Answer: When it comes to interest, most CDs will allow Periodic interest payout (Option B)
Explanation: It means that most of the Most Certificate of Deposits will give an option to allow the interest to be reinvested that you gained from the Certificate of Deposits. As a result, it will create a larger interest amount in the future. Periodically interest rate means that the interest rate charged will be paid over a decided period of time.
Periodic interest rate = annual interest rate / number of compounding periods
