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How much can you make with a 5% CD interest rate?

Por: CBS News Business February 02, 2024

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A 5% interest rate on a CD could produce significant returns, depending on how much is deposited. Getty Images A has often been a great way to protect your money. But in recent years the returns on this type of account were minimal, leading many to explore other ways to grow and safeguard their funds. However, as rose and corresponding meant to tame it grew alongside it, the rose exponentially. While they hovered around 1% in 2020 and 2021, is... + full article



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