How much interest can a $20,000 long-term CD account earn if opened now?
If you want to protect and grow your $20,000 for an extended period, a long-term CD account is worth consideration.
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Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Previously, he worked as a senior editor for FoxNews.com and FoxBusiness.com. A former sports reporter, Matt covered professional boxing in New York City for 18 years. He is the former Vice President and Secretary for the Boxing Writers Association of America (BWAA) and is an elector for the International Boxing Hall of Fame. He has a master's degree in journalism from Columbia University.
If you want to protect and grow your $20,000 for an extended period, a long-term CD account is worth consideration.
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