CD - Certificate of Deposit
Certificate of Deposit Calculator
getcalc.com's Certificate of Deposit (CD) Calculator is an online finance tool to calculate interest return & maturity amount for the sum of money deposited in a bank or any financial institution.
Definition & Formula
Certificate of Deposit is a finance function or method used in the context of time value of money calculation, often abbreviated as CD, represents generally a certificate issued by the bank to a person for depositing a sum of money for a certain period of time at a certain rate of interest that will be paid back as total sum of money at the end of tenure along with the interest earned during the entire tenure.