Finance Calculators

CD (Certificate of Deposit) Calculator

Calculate the maturity value and interest earned on a certificate of deposit (CD).

Value at maturity —

Interest earned —

About the CD (Certificate of Deposit) Calculator

A certificate of deposit (CD) locks in your money for a fixed term in exchange for a guaranteed interest rate, which typically compounds over the life of the CD.

Formula: A = P(1 + r/n)^nt, where P is the deposit, r is the annual rate, n is compounding periods per year, and t is the term in years.

Withdrawing funds before maturity usually triggers an early withdrawal penalty, so CDs work best for money you're confident you won't need until the term ends.