APY Calculator for Term Deposits

Q

If you are making a Term Deposits, often called Certificate of Deposit (CD) at a bank, you can use this online tool to calculate the APY (Annual Percentage Yield) from a given interest rate and a compounding frequency. The given interest rate is the nominal interest rate, also called APR (Annual Percentage Rate).

✍: Guest

A

APY and other information calculated by FYIcenter.com:

APY (Annual Percentage Yield): 5.1267%
Given APR (Annual Percentage Rate): 5%
Compounding frequency: Daily
Compounding periods: 90
Deposit term: 3 months (or 90 days)
--------------------------------------------
Deposit date: 2026-01-30
Maurity date: 2026-04-30
Deposit amount: $1,000.00
Interest at maturity: $12.40
Value at maturity: $1,012.40

The following formulas are used in the above calculations:

 $APY = {(1 + \frac{APR}{N})}^{N} - 1$ 
 $N = Number of compounding periods in a year$

References:

"Formula and Calculation of Annual Percentage Yield (APY)" by James Chen.

⇒ APR Calculator for Term Deposits

⇐ Interest Rate Calculator for Term Deposits

⇑ Calculators on Term Deposits

⇑⇑ Financial Tools

2025-03-14, ∼1237🔥, 0💬

Interest rate	%
Deposit term	Months Years
Compounding frequency	Daily Monthly Annually
Deposit amount $
Deposit date	YYYY-MM-DD