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How much interest will a $50,000 1-year CD earn if opened this August?

A $50,000 CD can generate thousands in guaranteed interest now, but how much depends on the rate you lock in.

Published by Home - CBSNews.com

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A glass jar overflowing with gold coins on a green background.
A glass jar overflowing with gold coins on a green background. AI-written description A generic or stock image — The image shows gold coins in a jar, which is consistent with earning interest, but it is not specific enough to confirm the details of the headline.
What might happen next? AI-generated

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