How much interest will a $100,000 3-month CD account earn by October?

How much interest will a $100,000 3-month CD account earn by October? The article says a 3-month certificate of deposit can earn a fixed return while principal is protected for roughly 90 days. It frames the decision amid inflation at its highest level in more than three years, limited job growth, and the possibility of a rate hike after two years of cuts. It notes CD accounts are FDIC-insured up to $250,000. Current 3-month CD rates range from 3.80% to 3.95%, depending on the lender. For a $100,000 deposit held to maturity in October, estimated interest totals about $936.75 at 3.80%, $961.06 at 3.90%, and $973.20 at 3.95%. The article urges consumers to shop around, citing competitive offers from online banks.