How much does a $10,000 CD earn at 4.5% for 5 years?
$12,517.96
A $10,000 certificate of deposit at 4.5% for 5 years matures at $12,517.96 — $2,517.96 of interest.
How it is worked out
A CD compounds at a fixed rate for a fixed term. Monthly compounding is the usual case, and the APY is what that compounding is worth over a year — always slightly above the stated rate.
$10,000 × (1 + 4.5% ÷ 12)^(12 × 5) = $12,517.96
APY 4.59%. Interest earned: $2,517.96.
Open the full CD calculator to use your own figures.
Similar questions
- $10,000 · 5% · 1 year = $10,511.62
- $10,000 · 4.5% · 3 years = $11,442.48
- $10,000 · 5% · 3 years = $11,614.72
- $10,000 · 4.5% · 1 year = $10,459.40
- $10,000 · 4% · 5 years = $12,209.97
- $10,000 · 5% · 5 years = $12,833.59
Questions
- How much does a $10,000 CD earn at 4.5% for 5 years?
- A $10,000 certificate of deposit at 4.5% for 5 years matures at $12,517.96 — $2,517.96 of interest. $10,000 × (1 + 4.5% ÷ 12)^(12 × 5) = $12,517.96.
- How is this worked out?
- A CD compounds at a fixed rate for a fixed term. Monthly compounding is the usual case, and the APY is what that compounding is worth over a year — always slightly above the stated rate.
- Can I use my own figures?
- Yes — the CD calculator takes any values and shows the full result.