CD earnings calculator
Enter the deposit, the APY the bank quotes and the term. APY already includes compounding, so no compounding frequency is needed.
Value at maturity: $10,450.00
Interest earned: $450.00
APY already reflects compounding, so maturity value is deposit × (1 + APY)^years. Interest is taxable as ordinary income.
Informational estimate only — verify rates and terms with the bank. CD interest is taxable as ordinary income in the year it is credited.