if I open a CD account with 600 for 6 months at 5.10% apy how much will I earn?

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if I open a CD account with 600 for 6 months at 5.10% apy how much will I earn?

2006-10-24 20:45:45 · 5 answers · asked by Wonderingplz 3 in Business & Finance ➔ Investing

5 answers

At the end you will get $615.50 .

2006-10-25 04:11:48 · answer #1 · answered by Dmitriy B 1 · 0⤊ 0⤋

About 15 dollars.. these types of accounts are only really beneficial if you have alot to put away e.g. $5000-$20,000 and plan to keep it in the bank for atleast a few years, then the interest earned may be more noticible like say $200-$1000 per year...
But good luck it's a great start..

2006-10-24 20:50:31 · answer #2 · answered by channille 3 · 0⤊ 0⤋

dont do that, u can invest ur money better

2006-10-24 20:50:30 · answer #3 · answered by Anonymous · 0⤊ 0⤋

buy yourself a calculator.

2006-10-24 20:53:01 · answer #4 · answered by ling a long 3 · 0⤊ 0⤋

$9.38 -- $37.50!!!

2016-05-22 12:20:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋