![]() ![]() Use the calculator and you’ll learn that once the CD’s 12-month term is up, you’d have $125 in interest and a total of $5,125 in your account. You spot a one-year CD with an interest rate of 2.50%-far above the national average reported by the FDIC. Put into practice, let’s say you plan to buy a 12-month CD and deposit $5,000. Interest rate: the annual percentage yield ( APY) you’ll be paidĮnter those values, then select “Calculate.” You’ll see the amount of interest you’d earn over the CD’s term and the final value of your investment.Term: the length of time, in months or years, that you’ll need to keep your money in the CD.Initial deposit: the amount of money you plan to deposit.To get the most value from our CD calculator, start by gathering the three numbers you’ll need to input: ![]()
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