1st deposit information

How much can I get when I invest into this certificate deposit?

Bluesea asked:


# CD rate - a locked 4.10 APY1
# Short 4-month term
# FDIC Insured2

so If I put in 5000$, in January, When my money it mature? an also how much will I get when it is mature?
Thanks
So, does it mean, after 4 months I will have 205$ when my cd is mature?

1st deposit

Tags: Certificate Deposit, Fdic, Money

This entry was posted on Wednesday, December 30th, 2009 at 7:05 pm and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “How much can I get when I invest into this certificate deposit?”

1. 1st deposit says:

   December 30, 2009 at 7:25 pm

   1st deposit

   4.10% ON 5000 DOLLARS IS 205.00 DOLLARS .that is simple interest, if it,s compounded, you will gain a little more roughly 2/8 dollars a month you need to ask howe the interest is paid out ,