Diphtheria. an acute infectious disease characterized by inflammation, the formation of a tough membrane at the point of introduction of the causative agent of the disease, and a severe general poisoning (intoxication) of the organism.
Money that is invested in an interest bearing account such as a savings account or certificate of deposit earns interest. The rate at which interest is paid varies, but it will be a small percentage of the balance in the account. Rates may be either variable or fixed.
A: Unfortunately, no, interest on a certificate of deposit (CD) does not accrue tax-free. But in the long run, it shouldn't matter. Taxes are due in the year when they are credited to an account, and a bank will credit your CD with interest earned throughout the term of the CD, not just at the end when the CD matures.