To calculate the interest generated by your CD ladder, you can simply enter the relevant information for each CD in your CD ladder into the handy calculator above. CD Interest Formula If you’d like to do the math yourself, then you need to use the compound interest formula: Where: A...
Use this calculator to examine the benefits of investing in a series of Certificates of Deposit with different maturities, also called a CD Ladder. With a CD Ladder, you can benefit from higher interest rates for longer maturities, while achieving better liquidity, rather than investing in a sin...
CD calculator: how to determine CD earnings potential To, you’ll need to use the following formula: P(1+R/N)(NT) = A. Where “A” represents the value of your CD, including interest. "P" is equal to your principal balance or initial deposit. "R" represents your yearly interest rat...
CD calculator: how to determine CD earnings potential To, you’ll need to use the following formula: P(1+R/N)(NT) = A. Where “A” represents the value of your CD, including interest. "P" is equal to your principal balance or initial deposit. "R" represents your yearly interest rat...
CD Ladder Calculator Definitions Calculation note To maximize the results of the CD Ladder, each maturing CD should be reinvested in a new CD with a term equal to the longest term CD. This strategy allows you to take advantage of the higher rates normally associated with longer-term CDs while...
Certificate of Deposit (CD) Calculator Deposit Amount ($): Interest Rate (%): Compounding Frequency:ContinuouslyDaily (Banker's Rule)DailyWeeklyBi-WeeklySemi-MonthlyMonthlyBi-MonthlyQuarterlySemi-AnnuallyAnnually Length of CD (months): Currency:$ (dollar)£ (pound sterling)€ (euro)¥ (yen) ...
Months:months Annual interest rate:% Compound: Embed Certificate of Deposit Calculator Widget About Certificate of Deposit Calculator The Certificate of Deposit Calculator is used to calculate how much interest is earned on a certificate of deposit (CD). ...
Bankrate’s handy CD calculator is a quick way to figure out how much a CD will be worth at maturity, and it simply requires you to input the CD’s annual percentage yield (APY), the term length and the amount of your opening deposit....
CD Ladder Calculator Amount to be invested Issue Date: CD 1 Interest Rate % Term CD 2 Interest Rate % Term CD 3 Interest Rate % Term Add CD Calculate CDs are a conservative and secure way to earn a bit of interest on your savings. But before you commit to this investme...
(Or use our CD calculator.) Starting balance APY Interest earned in 1 year Interest earned in 6 months (rounded) $10,000. 3.00%. $300. $149. $10,000. 4.00%. $400. $198. $10,000. 5.00%. $500. $247. $10,000. 5.30%. $530. $262. 🤓 Nerdy Tip A lower rate can out...