CD Calculator
Maturity value = Deposit × (1 + r/n)^(n×t) where r = annual rate, n = compounds/year, t = years5000×(1+0.04/12)^12 = 5000×1.04074 = $5,203.71
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CD Calculator
Enter your deposit, interest rate, term and compounding frequency to see your CD return.
Instant calculation
CD Calculator
Enter your deposit, interest rate, term and compounding frequency to see your CD return.
Your result
Calculation
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Three clear steps
How to use this calculator
- 01
Enter deposit
Type the amount you plan to invest in the CD.
- 02
Set rate and term
Enter the annual interest rate and term in months.
- 03
Choose compounding
Select how many times per year interest compounds.
The formula
How this calculation works
Compound interest formula. More frequent compounding yields slightly higher returns.
Check the method
Worked examples
Each example follows the same formula used by the calculator.
$5,000 CD at 4% for 12 months, compounded monthly?
5000×(1+0.04/12)^12 = 5000×1.04074 = $5,203.71$5,203.71Common questions
Questions about this calculation
What is the CD Calculator?
The CD Calculator helps you calculate the maturity value of a certificate of deposit (CD) investment. Enter your values and select Calculate to get an instant result.
How is the result calculated?
Compound interest formula. More frequent compounding yields slightly higher returns.
Can you show an example?
Example: $5,000 CD at 4% for 12 months, compounded monthly? — $5,203.71.
Is my data saved when I use the CD Calculator?
No. All calculations run locally in your browser. Your inputs and results are never uploaded, stored or shared with anyone.
Is the CD Calculator free to use?
Yes. The CD Calculator is completely free. No account, sign-up or payment is required. It works on mobile, tablet and desktop.
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