Interest Rate 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 interest rate from a given interest amount and a compounding frequency.


Interest amount $
Deposit amount $
Deposit term
Compounding frequency
Deposit date YYYY-MM-DD
Maturity date YYYY-MM-DD
Calculated    Specified    
Year BasisActual    365-Day    

✍: FYIcenter.com

A

Interest rate and other information calculated by FYIcenter.com:

Interest Rate: 19.3621%
Compounding frequency: Daily
Deposit term: 3 month(s) ~ 92 day(s), 0.25 year(s)
--------------------------------------------
Deposit date: 2026-03-19
Maurity date: 2026-06-19
Deposit amount: $1,000.00
Interest at maturity: $50.00
Value at maturity: $1,050.00

The following formulas are used in the above calculations:


  InterestRate=
  YearBasis×
  (
    
      (
      InterestDeposit
      +1
      )
      1days
    
    -1
  )
  , if compounded daily.

  InterestRate=
  N×
  (
    
      (
      InterestDeposit
      +1
      )
      
        1
        (N×years)
      
    
    -1
  )
  , if compounded monthly, quarterly, ...

  InterestRate=
  
    Interest
    (Deposit×years)
  
  , if not compounded.
days=Deposit term in days
years=Deposit term in years
N=# of compounding periods in a year

References:

 

APY Calculator for Term Deposits

Term Deposit Tools

Term Deposit Tools

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2026-02-02, ∼259🔥, 0💬