Question 1035807
using a calculator from http://www.bankrate.com/calculators/savings/bank-cd-calculator.aspx

After 8 years earning 10% compound quarterly, your CD is worth $1,057.80.
Results Summary
Initial deposit 	$480.00
Length of CD 	8 years (96 months)
Interest rate 	10% compound quarterly
Annual percentage yield (APY) 	10.381%
Total annual yield 	120.376%
Ending balance 	$1,057.80
Your total is $1,057.80 after 8 years
Certificate of Deposit Balances
Year	Interest	Balance
 	 	$480.00
1	$49.83	$529.83
2	$55.00	$584.83
3	$60.72	$645.55
4	$67.01	$712.56
5	$73.98	$786.54
6	$81.65	$868.19
7	$90.13	$958.32
8       $99.48	$1,057.80