Here's How Much Interest You'd Earn by Depositing $10,000 Into a CD Now

A certificate of deposit can be a great way to keep your money safe in a shaky economy. Unlike stocks, CDs are low-risk and provide guaranteed returns. Unlike savings accounts, your rate is locked in when you open a CD, so your earnings stay the same no matter what happens in the overall economy. And thanks to federal deposit insurance, you can rest easy that your money is protected even if the bank fails. Today's best CDs earnup to 4.65% annual percentage yield, or APY. That's more than three times the national average for some terms. To give you an idea of how much interest this can net you, here's what your earnings would be if you put $10,000 into a top CD today. (And if you don't have that much to deposit, don't worry. We'll look at some 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 cur ... Read full article.