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How do current CD rates compare to those over the past 10 years?

The rates have gone down significantly over the past few years. Currently the only way to get a fairly decent rate is to place a very large sum into the CD. Also you will need to place your money in the account for at least 10 years to get more than 4%.


How much would 100000 British pounds be worth today in British pounds?

100,000 British pounds today would still be worth 100,000 British pounds, as currency value does not change in nominal terms. However, its purchasing power may vary due to inflation and economic conditions. To understand its real value, one would need to consider inflation rates and compare it to past values.


What is 5000 in 1902 value today?

To determine the value of $5,000 from 1902 in today's dollars, we can use historical inflation rates. Adjusting for inflation, $5,000 in 1902 is roughly equivalent to around $170,000 to $180,000 today, depending on the specific inflation index used. This reflects the significant increase in consumer prices over the past century.


What would 100 in 1870 be worth today?

To estimate the value of $100 from 1870 in today's dollars, we can use historical inflation rates. Generally, $100 in 1870 would be equivalent to approximately $2,000 to $2,200 today, depending on the specific inflation index used. This reflects the significant increase in the cost of goods and services over the past century and a half.


How much would 20 in 1870 be worth today?

To determine the value of £20 from 1870 in today's currency, we can use historical inflation rates. Generally, £20 in 1870 is estimated to be equivalent to around £2,500 to £3,000 today, depending on the specific inflation calculator or method used. This reflects the significant changes in purchasing power and inflation over the past century and a half.

Related Questions

How does extinction of species today differ from extinction in the past?

The rate of extinction is faster.


Why do extinctions happen more in modern times than they did in the past?

Depends on what period of time in the past you are comparing "modern times to. For example, if you were to compare today's extinction rate to the one during the mass extinction at the end of the Cretaceous ( K-T boundary) you would consider today's considerably lower. But if you are referring to the "common rate" of extinction, then it would have to be due to human activities: pollution, deforestation... you know the drill. It's important to keep in mind humans are only speeding up a natural process, how much so we don't know.


Why are soil erosion rates faster today than in the past?

Faster


How is consumer debt different today than in the past?

In the past we had crops and mines now we have interest rates and pecentages.


Is consumer debt different today than in the past?

In the past we had crops and mines now we have interest rates and pecentages.


What are the extinction of animals in the very distant past?

There were five major extinction events in the past. They are called the Cretaceous-Tertiary (or K-T) extinction event, the late Devonian mass extinction, the Permian mass extinction, the Ordovician-Silurian mass extinction and the Triassic-Jurassic mass extinction event.


Compare and contrast why taxes were collected in the past and why they are collected today?

seema nayak seema nayak


What is the current three month T-bill rate and how does it compare to previous rates over the past three months?

The current three month T-bill rate is 0.05. This rate is lower compared to the rates over the past three months, indicating a decrease in short-term interest rates.


How do historians study humans?

They use DNA to compare human remains from the past with people living today


Is there a website that compares auto insurance rates?

Progressive will compare the rates of the top insurers and return quotes for you. I used them in the past, and actually went with State Farm, becasue they came back cheaper in the comparison.


What was the evironment like compare to the present?

The environment in the past was likely less polluted and more pristine compared to the present. There were fewer human activities causing habitat destruction, species extinction, and climate change. Today, we face more environmental challenges due to increasing population, industrialization, and resource exploitation.


Where do I compare cd interest rates in the past and the present?

A great website that provides investment advice and financial tools and current CD interest rates is www.bankrate.com. You can find useful information and provides valuable insight for investment opportunities.