How much interest would a $10,000 CD earn in 3 years?

A $10,000 3-year CD account could be worth opening for savers in today's uneven economy. Gabe Ginsberg/Getty Images If you find yourself looking for safe and profitable homes for your money this month, you likely aren't alone. An inflation rate now at its highest level in three years, combined with a high Federal funds rate that's unlikely to change anytime soon, not to mention the possibility of interest rate hikes later this year, has left many savers contemplating their next move. And just keeping it in a traditional savings account , with an interest rate of just 0.38%, doesn't make financial sense. Neither does a short-term certificate of deposit (CD) account , which will mature in a year or less. In today's economy, long-term protection for your money has taken on special importance. A long-term CD account, however, can still be valuable, especially if you have a large, five-figure amount of money to safeguard. If you have $10,000 that you want to protect, for example, and can afford to keep it in an account for multiple years without risking an early withdrawal penalty, now could be a smart time to get started. To best determine the value of an account, it helps to know the interest-earning potential. And that's simple to calculate thanks to the fixed rate CDs come with. So, how much interest would a $10,000 CD earn over the next three years? That's what we'll calculate below. Earn more interest on your money with a top CD account now . …