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How Do I Calculate a 9-Month Certificate of Deposit?

- Divide the rate
**of**the nine-**month certificate of deposit**by the number**of**times per year the account is compounded. - Multiply the result from the previous step by the number
**of**years you'll hold onto the CD. ... - Take the results to the nth power, where "n" is the number
**of**times the account compounds in**a**year.

**How Do I Calculate a 9**-**Month Certificate of Deposit**? | Budgeting Money - The Nestbudgeting.thenest.com/**calculate**-**9**-**month**-**certificate**-**deposit**-3706.html- Divide the rate

People also ask

What is a certificate of deposit calculator?

How do you calculate a nine month CD?

How can I find out how much interest is earned on a CD?

How does a certificate of deposit ( CD ) work?

Divide the rate of the nine-month

**certificate**of**deposit**by the number of times per year the account is compounded. So for instance, for a nine-month CD that earns 1.75 percent and is compounded monthly, you'd divide .0175 by 12 (the number of months in a year).CD

**Calculator****Calculate**your earnings and more. Use the Bankrate CD**calculator**to find out how much interest is earned on a**certificate**of**deposit**(CD). Just enter a few pieces of information and ...Use the CD

**calculator**to see the total interest you can get on a**certificate**of**deposit**. Like savings accounts, CDs earn interest and are federally insured.The

**Certificate**of**Deposit****Calculator**uses the following formulae: FV = D × (1 + r / n) nt. Where: FV = Future Value of the CD, D = Initial**deposit**amount, r = Nominal annual interest rate in decimal form, t = Number of years invested, n = Number of compounding periods per year. APY = (1 + r / n ) n - 1. Where: APY = Annual Percentage Yield,A

**certificate**of**deposit**is an agreement to**deposit**money for a fixed period that will pay interest. Common term lengths range from three months to five years. The lengthier the term, the higher the exposure to interest rate risk. Generally, the larger the initial**deposit**, or the longer the investment period, the higher the interest rate.**Certificates**of**deposit**, or CDs, are powerful, interest-bearing investments that reward investors for leaving cash untouched for a fixed period of time. A CD**calculator**can help you to know how much you can expect to make on your investment and how much to invest to reach your financial goal.Time needed: 10 minutes. How to

**calculate**the return on a**certificate**of**deposit**. Determine the total initial value. This would be equal to the total cost of the CD times the number of**certificates**purchased**How Do I Calculate a**9-Month**Certificate**of**Deposit**?**Certificates**of**deposit**are nice because you earn a better interest rate than with regular savings accounts and most money market accounts. Even better, that rate is guaranteed for a stated period called the maturity.

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