CD Calculator
Calculate Certificate of Deposit earnings at maturity
$
%
months
Range: 1 - 120
Maturity Value
$10,511.62
After 12 months
Total Interest Earned
$511.62
APY
5.12%
Annual Percentage Yield
Growth Over Term
| Year | Balance |
|---|---|
| Month 1 | $10,041.67 |
| Month 2 | $10,083.51 |
| Month 3 | $10,125.52 |
| Month 4 | $10,167.71 |
| Month 5 | $10,210.08 |
| Month 6 | $10,252.62 |
| Month 7 | $10,295.34 |
| Month 8 | $10,338.24 |
| Month 9 | $10,381.31 |
| Month 10 | $10,424.57 |
| Month 11 | $10,468.00 |
| Month 12 | $10,511.62 |
Calculation Details
Initial Deposit$10,000.00
Interest Rate (APR)5%
Compounding PeriodsMonthly
Term12 months (1.0 years)
Return on Investment+5.12%
CD Rate Comparison
| APY | Interest Earned | Maturity Value |
|---|---|---|
| 3% | $304.16 | $10,304.16 |
| 4% | $407.42 | $10,407.42 |
| 4.5% | $459.40 | $10,459.40 |
| 5% | $511.62 | $10,511.62 |
| 5.5% | $564.08 | $10,564.08 |
| 6% | $616.78 | $10,616.78 |
About CDs
A Certificate of Deposit (CD) is a savings product with a fixed interest rate and fixed date of withdrawal (maturity date). CDs typically offer higher interest rates than regular savings accounts in exchange for locking your money for a set term. Early withdrawal usually incurs a penalty.
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