Answer
Oct 03, 2024 - 12:23 PM
The amount a $10,000 Certificate of Deposit (CD) earns in a year depends on the interest rate offered by the bank or financial institution. If the CD has an annual percentage yield (APY) of 2%, for example, it would earn approximately $200 in interest over the course of a year. It's important to check the specific terms and rates offered by your bank, as these can vary significantly.
