Certificate of Deposit Calculator
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Certificates of Deposits (CDs) take all the guesswork out of investing. From the beginning, you know how much interest you're going to earn. Whether you have a six-month or five-year CD, it's easy to project the final results. CDs are a popular savings tool because they pay higher interest than most savings accounts and consumers can control the length of the investment period. This calculator uses the CD's term and its annual percentage yield (APY) to compute your total interest earnings.
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.