CD Calculator
Enter your deposit amount, the CD's annual percentage yield (or rate), its term and compounding frequency to calculate its maturity value.
%
Optional. Leave as 0 if you won't add money regularly.
How It Works
A CD pays compound interest on your deposit for a fixed term, with no additional contributions allowed after opening — so the calculation uses your deposit as the principal with no monthly contribution.
Formula
Maturity Value = P × (1 + r/n)^(n×t)
Example
A 10,000 CD at 4.5% compounded monthly for 3 years matures to approximately 11,435.
Frequently Asked Questions
- Can I add money to a CD after opening it?
- Typically no — most CDs are funded once at opening, which is why this calculator doesn't include a monthly contribution option.
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