CD Calculator

Plan your investments by calculating the returns on different Certificate of Deposit options.

Calculate Your CD Returns

$
%

Your CD Results

$0.00

Final Amount

Initial Investment

$0.00

Interest Earned

$0.00

Investment Summary

Interest Rate:
0.00%
Term Length:
1 year
Compounding:
Monthly
calculate

Enter your CD details and click "Calculate Returns" to see your results.

Understanding CD Calculations

When you invest in a Certificate of Deposit (CD), your returns depend on several factors:

monetization_onPrincipal Amount

This is the initial amount of money you invest in the CD. The higher your principal, the more interest you'll earn.

percentInterest Rate

The annual rate at which your investment grows. CD rates vary based on the financial institution and term length.

scheduleTerm Length

The duration of your CD investment. Longer terms typically offer higher interest rates but require a longer commitment.

autorenewCompounding Frequency

How often interest is calculated and added to your principal. More frequent compounding results in higher returns.

info

Calculation Formula

For compound interest: A = P(1 + r/n)^(nt)
Where: A = final amount, P = principal, r = annual interest rate, n = compounding frequency, t = time in years

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