CD Calculator
See what a certificate of deposit (CD) will be worth at maturity and how much interest it earns.
Value at maturity
10,512.67
- Interest earned
- 512.67
- APY
- 5.127%
Before taxes and any early-withdrawal penalty.
Show the work
APY from the rate and its compounding
((1 + r ÷ n) to the power of n − 1) × 100
((1 + 0.05 ÷ 365) to the power of 365 − 1) × 100 = 5.127%
Value at maturity
deposit × (1 + APY ÷ 100) to the power of months ÷ 12
10,000.00 × (1 + 5.126749647 ÷ 100) to the power of 12 ÷ 12 = 10,512.67
Estimates for general information only — not financial advice.
How it works
Maturity value = deposit × (1 + r ÷ n)^(n × years) for a quoted APR, or deposit × (1 + APY)^years for a quoted APY
Questions
- How does the CD calculator work?
- Maturity value = deposit × (1 + r ÷ n)^(n × years) for a quoted APR, or deposit × (1 + APY)^years for a quoted APY.
- What do I need to enter?
- Deposit, Term, Interest rate, The rate is the, Compounding. Optional fields can be left blank.
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