How much does a $100,000 CD earn at 4% for 5 years?
$122,099.66
A $100,000 certificate of deposit at 4% for 5 years matures at $122,099.66 — $22,099.66 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.
$100,000 × (1 + 4% ÷ 12)^(12 × 5) = $122,099.66
APY 4.07%. Interest earned: $22,099.66.
Open the full CD calculator to use your own figures.
Similar questions
- $100,000 · 4.5% · 1 year = $104,593.98
- $100,000 · 4% · 3 years = $112,727.19
- $100,000 · 4.5% · 3 years = $114,424.78
- $100,000 · 4% · 1 year = $104,074.15
- $100,000 · 4.5% · 5 years = $125,179.58
- $100,000 · 5% · 1 year = $105,116.19
Questions
- How much does a $100,000 CD earn at 4% for 5 years?
- A $100,000 certificate of deposit at 4% for 5 years matures at $122,099.66 — $22,099.66 of interest. $100,000 × (1 + 4% ÷ 12)^(12 × 5) = $122,099.66.
- 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.