A 3-year CD on $50K Could Net Roughly $7,000 in Interest

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Source: CBS News
A 3-year CD on $50K Could Net Roughly $7,000 in Interest
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TL;DR Summary

Opening a $50,000 3-year CD now could yield about $6,813–$7,058 by maturity depending on the rate (examples: $6,812.95 at 4.35%, $6,894.66 at 4.40%, $7,058.31 at 4.50%); online banks often offer higher rates, but you’ll face penalties for early withdrawal, so only commit if you can hold to maturity.

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