Скачать или смотреть Regular income certificate | No tax deducted | profit rate |

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Here's how a regular income certificate generally works:

Issuance: Investors purchase the regular income certificate from the issuing institution, such as a bank.

Investment amount: Investors typically deposit a fixed amount of money into the certificate at the time of purchase.

Fixed interest rate: The regular income certificate offers a fixed interest rate, which is predetermined and specified in the certificate.

Income payments: The certificate pays out regular income to the investor at specific intervals, such as monthly, quarterly, or annually. The income is usually in the form of interest payments based on the fixed interest rate and the principal amount.

Maturity and redemption: The regular income certificate has a predetermined maturity date, which signifies the end of the investment period. Upon maturity, the investor receives the principal amount back.

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