CD Calculator — Certificate of Deposit

Fixed nominal-rate compound model; excludes taxes, early withdrawal penalties and extra deposits. Compounding frequency must be an integer.

Fixed nominal-rate compound model; excludes taxes, early withdrawal penalties and extra deposits. Compounding frequency must be an integer.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

How to use this tool

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Calculation method

Maturity balanceprincipal*(1+rate/100/frequency)^(frequency*years)
Interestprincipal*((1+rate/100/frequency)^(frequency*years)-1)

References