How much does a $100,000 CD earn at 5% for 3 years?
$116,147.22
A $100,000 certificate of deposit at 5% for 3 years matures at $116,147.22 — $16,147.22 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% ÷ 12)^(12 × 3) = $116,147.22
APY 5.12%. Interest earned: $16,147.22.
Open the full CD calculator to use your own figures.
Similar questions
- $100,000 · 5% · 1 year = $105,116.19
- $100,000 · 5% · 5 years = $128,335.87
- $100,000 · 4.5% · 5 years = $125,179.58
- $100,000 · 5.5% · 1 year = $105,640.79
- $100,000 · 4.5% · 3 years = $114,424.78
- $100,000 · 5.5% · 3 years = $117,894.86
Questions
- How much does a $100,000 CD earn at 5% for 3 years?
- A $100,000 certificate of deposit at 5% for 3 years matures at $116,147.22 — $16,147.22 of interest. $100,000 × (1 + 5% ÷ 12)^(12 × 3) = $116,147.22.
- 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.