CD Calculator

CD Calculator

CD Calculator

How to Use:

  1. Principal Amount:
    • Enter the initial amount of money invested in the CD in the “Principal Amount” field.
  2. Annual Interest Rate (%):
    • Input the annual interest rate offered by the CD in the “Annual Interest Rate” field.
  3. Number of Years:
    • Specify the duration for which the CD will be held in the “Number of Years” field.
  4. Calculate:
    • Click the “Calculate” button to determine the future value of the CD investment based on the provided inputs.
  5. View Result:
    • The estimated future value of the CD investment will be displayed below the button.

Additional Information:

The CD Calculator helps investors plan and evaluate the potential returns from a CD investment over time. It’s essential to consider the interest rate and investment duration when making decisions about CD investments.


Q: Can I use this calculator for CDs with varying interest rates? A: No, this calculator assumes a fixed interest rate for the entire duration of the CD investment. If the CD has a variable interest rate, the calculation may not be accurate.

Q: Does the calculator account for compounding interest? A: Yes, the calculator uses the compound interest formula to calculate the future value of the CD investment, taking into account compounding over the specified number of years.

Q: Are the results affected by taxes or fees associated with the CD? A: No, the calculator provides an estimate of the future value of the CD investment based solely on the principal amount and annual interest rate. Taxes and fees may impact the actual returns.