## < ⎙ 8 Other formulas that you can solve using the same Inputs

Monthly Mortgage Payment
Monthly Payment=(Mortgage Amount*Interest Rate*(1+Interest Rate)^Compounding Periods)/((1+Interest Rate)^Compounding Periods-1) GO
Monthly Payment
Monthly Payment=(Loan Amount*Interest Rate*(1+Interest Rate)^Compounding Periods)/((1+Interest Rate)^Compounding Periods)-1 GO
Nominal Interest Rate
Nominal Interest Rate or Stated Rate=Compounding Periods*((1+Effective Interest Rate)^(1/Compounding Periods)-1) GO
EMI
EMI=Loan Amount*Interest Rate*((1+Interest Rate)^Compounding Periods/((1+Interest Rate)^Compounding Periods-1)) GO
Future Value of a Present Sum when Compounding Periods are given
Future Value=Present Value*(1+(Rate of Return/Compounding Periods))^(Compounding Periods*Number of Periods) GO
Present Value of a Future Sum when compounding periods are given
Present Value=Future Value/(1+(Rate of Return/Compounding Periods))^(Compounding Periods*Number of Periods) GO
Annual Percentage Yield
Annual Percentage Yield=(1+(Stated annual interest rate/Compounding Periods))^Compounding Periods-1 GO
Loan Amount
Loan Amount=(Annuity Payment/Interest Rate)*(1-(1/(1+Interest Rate)^Compounding Periods)) GO

### Certificate of Deposit Formula

Certificate of Deposit=Initial Deposit Amount *(1+(Annual Nominal Interest Rate /Compounding Periods))^(Compounding Periods*Number of Years )
More formulas
Jensen's Alpha GO
Profitability Index GO
Net Present Value (NPV) for even cash flow GO
Annuity Payment GO
Rate of Return GO
Sharpe Ratio GO
Straight Line Depreciation GO
Compound Interest GO
Capital Gains Yield GO
Discounted Payback Period GO
Doubling Time GO
Doubling Time (Simple Interest) GO
Doubling Time (Continuous Compounding) GO
PV of Perpetuity GO
Real Rate of Return GO
Rule of 72 GO
Present Value of Stock With Constant Growth GO
Present Value of Stock With Zero Growth GO
Total Stock Return GO
Zero Coupon Bond Value GO
Zero Coupon Bond Effective Yield GO
Actuarial Method Unearned Interest Loan GO

## What is Certificate of Deposit?

A certificate of deposit (CD) is a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time. Regulated by the Reserve Bank of India, it is a type of money market instrument issued against the funds deposited by an investor with a bank in a dematerialized form for a specific period of time. Issued by the Federal Deposit Insurance Corporation (FDIC) and regulated by the Reserve Bank of India, the CD is a promissory note, the interest on which is paid by the bank.

## Advantages of Certificate of Deposit

1. Since these are government-backed securities, the investor’s principal amount is kept safe. Hence, it can be said that CDs are a less risky investment option than stocks or bonds. 2. Certificate of Deposit is known to offer a higher rate of interest and better returns in comparison to the traditional savings accounts. 3. Investments in CD grant a grace period of 7 days to the investor to decide whether or not he/she wants to reinvest the matured amount.

## How to Calculate Certificate of Deposit?

Certificate of Deposit calculator uses Certificate of Deposit=Initial Deposit Amount *(1+(Annual Nominal Interest Rate /Compounding Periods))^(Compounding Periods*Number of Years ) to calculate the Certificate of Deposit, Certificate of Deposit (CD) is a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements. Certificate of Deposit and is denoted by CD symbol.

How to calculate Certificate of Deposit using this online calculator? To use this online calculator for Certificate of Deposit, enter Compounding Periods (n), Initial Deposit Amount (P0), Annual Nominal Interest Rate (r) and Number of Years (t) and hit the calculate button. Here is how the Certificate of Deposit calculation can be explained with given input values -> 2.017E+89 = 5000*(1+(12/10))^(10*25).

### FAQ

What is Certificate of Deposit?
Certificate of Deposit (CD) is a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements and is represented as CD=P0*(1+(r/n))^(n*t) or Certificate of Deposit=Initial Deposit Amount *(1+(Annual Nominal Interest Rate /Compounding Periods))^(Compounding Periods*Number of Years ). Compounding Periods is the number of times compounding will occur during a period, The amount of money required to open a savings or investment account is called Initial Deposit Amount, Annual Nominal Interest Rate is the periodic interest rate multiplied by the number of periods per year and The number of years is the total period for which the certificate of deposit is done.
How to calculate Certificate of Deposit?
Certificate of Deposit (CD) is a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements is calculated using Certificate of Deposit=Initial Deposit Amount *(1+(Annual Nominal Interest Rate /Compounding Periods))^(Compounding Periods*Number of Years ). To calculate Certificate of Deposit, you need Compounding Periods (n), Initial Deposit Amount (P0), Annual Nominal Interest Rate (r) and Number of Years (t). With our tool, you need to enter the respective value for Compounding Periods, Initial Deposit Amount , Annual Nominal Interest Rate and Number of Years and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well. Let Others Know