Here’s How Much You’d Earn if You Put $10,000 Into a CD Today

However much you have to deposit, a CD can help you grow your money reliably. Mensent Photography/Getty Images In an unpredictable economy, the stability a certificate of deposit offers is especially valuable. Your rate is locked in when you open a CD, so you'll enjoy guaranteed earnings no matter what happens in the market at large. You can earn more than three times the national average with today's top CDs, which boast annual percentage yields as high as 4.50%. What does that look like in cold, hard cash? Let's take a look. To make the math easier, we'll calculate your interest earnings on a $10,000 deposit. But if you don't have that much to put away, don't worry. We'll look at other amounts, too. How much can you earn by depositing $10,000 into a CD? Here's how much you can earn if you deposit $10,000 into a six-month, one-year, three-year and five-year CD. We're calculating your return based on the highest APYs currently available for each CD term, based on the banks we trac ... Read full article.