CD Calculator - Certificate of Deposit Calculator

Calculate returns and interest on Certificates of Deposit (CDs). Support compound interest calculations to help you plan investment returns and financial goals.

Calculate

Results

$10,459.40
Maturity Value
$459.40
Total Interest
4.59%
Effective Yield
Initial Deposit:$10,000.00
Term Length:1 Years
Interest Rate (APY):4.5% APY
Compounding Frequency:Monthly

Tips

  • Longer terms typically offer higher rates
  • Higher compounding frequency means more returns
  • Consider inflation's impact on real purchasing power
  • Compare CD rates from different banks

How to Use

  1. Enter Initial Deposit: Input the amount you plan to deposit in the CD.
  2. Select Term Length: Choose the CD term, which can be in months or years.
  3. Enter Interest Rate (APY): Input the Annual Percentage Yield offered by the bank.
  4. Choose Compounding Frequency: Select how often interest compounds (monthly, quarterly, annually, etc.).
  5. View Results: The system will automatically calculate and display maturity value, interest income, and other information.

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