How much does a $100,000 CD earn at 5.5% for 5 years?
$131,570.38
A $100,000 certificate of deposit at 5.5% for 5 years matures at $131,570.38 — $31,570.38 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 + 5.5% ÷ 12)^(12 × 5) = $131,570.38
APY 5.64%. Interest earned: $31,570.38.
Open the full CD calculator to use your own figures.
Similar questions
- $100,000 · 5.5% · 3 years = $117,894.86
- $100,000 · 5.5% · 1 year = $105,640.79
- $100,000 · 5% · 5 years = $128,335.87
- $100,000 · 5% · 3 years = $116,147.22
- $100,000 · 5% · 1 year = $105,116.19
- $100,000 · 4.5% · 5 years = $125,179.58
Questions
- How much does a $100,000 CD earn at 5.5% for 5 years?
- A $100,000 certificate of deposit at 5.5% for 5 years matures at $131,570.38 — $31,570.38 of interest. $100,000 × (1 + 5.5% ÷ 12)^(12 × 5) = $131,570.38.
- 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.