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Here's How Much Interest You'll Earn by Depositing $5,000 Into a CD Now

A CD can be a smart way to grow your money safely. Rmcarvalho/Getty Images A certificate of deposit can give you some much-needed security in an economy that feels anything but certain. Your CD rate is fixed when you open the account, so your returns are guaranteed for the entire term. What might those returns look that? That depends on which account you choose. The best CDs earn annual percentage yields up to 4.50%, but the national average for some terms is less than a third of that. Here's

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If You Put $10,000 Into a CD Now, This Is How Much Interest You'll Earn

No matter how much you deposit, a CD can help you maximize your returns. Mensent Photography/Getty Images Certainty is a rare thing in today's economy. But one place you can find it is in a certificate of deposit. Your rate is locked in when you open a CD, so you can rest assured that your returns will never change. You know precisely how much your CD will be worth when it matures. But which account you choose plays a big role in how much interest you can earn. Top CDs offer annual percentage

This Is How Much Interest You'll Earn by Depositing $10,000 Into a CD Now

However much you have to deposit, a CD can help you grow your money reliably. Mensent Photography/Getty Images If you have some cash you can set aside for a while, a certificate of deposit can be a great way to grow it. Since your rate is locked in when you open a CD, your earnings will never change, even if rates drop after that. And with the Federal Reserve expected to cut interest rates as soon as July, now's the time to secure a great APY. Top CDs currently offer up to 4.50% APY -- more th

JPMorgan moves further into crypto with stablecoin-like token JPMD

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks to the Economic Club of New York in Manhattan, New York City, on April 23, 2024. JPMorgan Chase is taking a step further into the cryptocurrency space with its own stablecoin-like token, called JPMD. The U.S. banking giant told CNBC on Tuesday that it's planning to launch a so-called deposit token on Coinbase's public blockchain Base, which is built on top of the Ethereum network. Each deposit token is meant to serve as a digital re