Investment
CD Calculator
Calculate the maturity value of a Certificate of Deposit.
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Formula
$$FV \;=\; P\,(1+\text{APY})^{m/12}$$
Where
FVfuture valuePprincipal depositAPYannual percentage yieldmmonthsCalculate the maturity value of a Certificate of Deposit.
FVfuture valuePprincipal depositAPYannual percentage yieldmmonths