Here's 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 safely and predictably. Mensent Photography/Getty Images If you're worried about protecting your money in today's shaky economy, a certificate of deposit could be a great fit. Your rate is locked in when you open a CD, so your returns are guaranteed. Your money is also protected by federal deposit insurance. CDs are ideal for savings goals with a specific timeline, like funding a vacation or buying a new car. Just how much could you earn with a CD? To give you an idea, let's look at the interest you'd accrue by deposit $10,000 into one of today's top CDs. (Don't have $10,000 to deposit? We've got you covered. Check out how much you'll earn if you put $5,000 into a CD.) 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 C ... Read full article.