Certificate of Deposit Calculator

Updated: Oct 24, 2018

Certificate of Deposit Calculator is a quick way to calculate how much interest is earned on a Certificate of Deposit (CD)

The Annual Percentage Yield (APY)
Total Interest Earned:
Ending Balance:
What does Certificate of Deposit (CD) mean?
Certificate of Deposit (CD) refers to a certificate issued by a bank to a person depositing money done for a specific length of time at a particular rate of interest.
Importance of Certificate of Deposit (CD)
Certificate of Deposit makes savings grow. On investing in a CD reward is for keeping the cash in the account for the length of the CD term.

A(t) = A(0) (1 + r / n) ^ nt


  • A(t) = Amount function
  • A(0) = Principal amount (Initial Investment)
  • t = Total time in years
  • n = Number of compounding periods per year
  • r = Nominal annual interest rate
  • โŒŠntโŒ‹ means that nt is rounded down to the nearest integer.
Created: May 16, 2018
Online Tool Designed For: Windows, OS X, Android, iOS, Linux