Result window
Android: Use this CD interest calculator offline with our all-in-one calculator app.
Formula
CD Interest Earnings calculation is based on the compound interest formula for periodic compounding, derived from the following function:
Where,
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
⌊nt⌋ means that nt is rounded down to the nearest integer.