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To calculate CD interest rate, all you have to do is to just multiply the principal amount you have invested in CD with interest rate. If u want to calculate for the monthly interest then divide the resultant with 12.
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What is the formula to calculate monthly interest rate if the annual interest rate is known?
Annual Interest Rate divided by 12= Monthly Interest Rate
What is the interest rate for 1 million dollars put on a CD after 1 year?
The interest rate on a CD can be different in each bank, and they change all the time. Generally, the interest rate is stated at the time you buy the CD, and it doesn't change on that one once you've bought it ... the rate won't be different "after 1 year".
Calculate the annual interest rate on a credit card if the monthly interest rate is 1.2.?
14.4 %. A+
Calculate the daily interest on a annual rate of 17.7?
0.04849 %
Draw a flow chart to calculate simple interest with 10 percent rate if time is greater than 2 yrs otherwise calculate simple interest with 5 percent?
Draw a flow chart to calculate simple interest with 10% rate if time is greater than 2 yrs otherwise calculate simple interest with 5%.
What is a good CD interest rate?
A good Cd interst rate would be above 1,5,currently Discover Bank New Castle, offer a Cd interest of 1.69
What is the formula to calculate monthly interest rate if the annual interest rate is known?
Annual Interest Rate divided by 12= Monthly Interest Rate
How can you find the best CD interest rate?
The website Bankrate was able to list the best CD interest rates. Metlife offers a 1.290% interest rate, E-Loan offers a 1.250% interest rate, and Aurora Bank offers a 1.200% interest rate to name a few.
rate of interest for $50,000 CD?
the best rate is 5 percent
What is the highest CD rate that you can find?
For a one year CD, the best rate is 1.31%. If you can invest a little more long term, you can get a 2.75% interest rate with a five year CD. A 3 year currently carries a 3% interest rate.
What is the best bank cd interest rate offered in Detroit, MI?
"Huntington" IS THE BEST BANK CD INTEREST RATE OFFERED IN DETROIT WHICH CANNOT BE COMPARED WITH THE OTHER BANK CD RATES
What is the current interest rate on a 3 month CD with PNC bank?
The interest rate for the 3 month CD varies. It is usually somewhere between 1.5-2%.
What is the interest rate for 1 million dollars put on a CD after 1 year?
The interest rate on a CD can be different in each bank, and they change all the time. Generally, the interest rate is stated at the time you buy the CD, and it doesn't change on that one once you've bought it ... the rate won't be different "after 1 year".
Calculate the annual interest rate on a credit card if the monthly interest rate is 1.2.?
14.4 %. A+
How can you get CD interest rate?
You can get a CD interest rate by applying for one through one of several websites. You should investigate different rates before making a final decision.
What is meant with cd rate calculator in finances?
You can use the CD calculator to find out how much interest is earned on a certificate of deposit. Just enter a few pieces of information and this CD calculator will calculate the annual percentage yield and ending balance
What is an average CD interest rate?
Although each situation varies the average CD interest rate today is about 3.00%. It is beneficial to look into differant banking institutes to see who can give the best interest rates.
