Certificate of Deposit Calculator

http://www.dinkytown.net --> function showbuttons() { var agt = navigator.userAgent.toLowerCase(); var IEMAC = ((agt.indexOf("msie") != -1) && agt.indexOf("mac")!=-1); var N6 = (agt.indexOf("netscape6") != -1 || (agt.indexOf("netscape/6") !=-1 )); if ( N6 ) { return "Netscape 6 is unable to support our detailed reports. Please upgrade to Nescape 7 or higher.

"; } if ( IEMAC ) { return "

"; } return "

  "; } function openNote() { var agt=navigator.userAgent.toLowerCase(); var is_aol = (agt.indexOf("aol") != -1); leftpos=0; if (screen) { leftpos=screen.width/2 - 300; } if (is_aol) { var s = " "; s=document.calculator.sJavaScriptReport('HTML'); document.write(s); } else { var OpenWindow=window.open("","newwin","toolbar=yes,menubar=yes,location=no,directories=no,status=no,scrollbars=yes,resizable=yes,copyhistory=no,width=600,height="+(screen.height-100)+",left="+leftpos+",top=5"); var s = " "; s=document.calculator.sJavaScriptReport('HTML'); OpenWindow.document.write(s); OpenWindow.document.close(); OpenWindow.focus(); } } http://www.dinkytown.net -->

Use this calculator to find out how much interest you can earn on a Certificate of Deposit (CD). Just enter a few pieces of information and we will calculate your Annual Percentage Yield (APY) and ending balance. Click on the "View Report" button to see a detailed schedule of your CD's balance and interest earned.

Certificate of Deposit Calculator After TIME_LABEL earning RATE_OF_RETURN COMPOUND_INTEREST, your CD is worth TOTAL_AT_END_OF_INVESTMENT. **GRAPH**

Results Summary Initial deposit STARTING_AMOUNT Length of CD TIME_LABEL (MONTHS months) Interest rate RATE_OF_RETURN COMPOUND_INTEREST Total annual yield TOTAL_YIELD Annual Percentage Yield (APY) APY_RATE Ending balance TOTAL_AT_END_OF_INVESTMENT

Certificate of Deposit Balances **REPEATING GROUP**

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

"> This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.

You can also get SUN's Java™ Plug-in here: Get the Java™ Plug-in!

For more information about this Plug-in please visit: SUN's Java™ Plug-in
For more information these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

document.write(showbuttons()) Definitions

Initial deposit

The starting balance for your CD.

Months

The total number of months for this CD to mature.

Interest rate

The published interest rate for this CD. Make sure to enter the actual interest rate, not the Annual Percentage Yield (APY).

Annual percentage yield (APY)

This is the effective annual interest rate earned for this CD. A CD's APY depends on the frequency of compounding and the interest rate. Since APY measures your actual interest earned per year, you can use it to compare CD's of different interest rates and compounding frequencies.

Compounding

Interest earned on your CD's accumulated interest. This calculator allows you to choose the frequency that your CD's interest income is added to your account. The more frequently this occurs, the sooner your accumulated interest income will generate additional interest. You may wish to check with your financial institution to find out how often interest is being compounded on your particular CD.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.