Term Deposit Yield Calculator

	Please provide the required data
	Term Deposit 1 Interest rate: % Term: 1 month 3 month 4 month 6 month 9 month 1 year 2 years 3 years 4 years 5 years Interest paid: maturity 28 days monthly quarterly six monthly annually	Term Deposit 2 Interest rate: % Term: 1 month 3 month 4 month 6 month 9 month 1 year 2 years 3 years 4 years 5 years Interest paid: maturity 28 days monthly quarterly six monthly annually
	Note: it is only possible to calculate a yield where the term divided by the frequency at which interest is paid is a whole number. For example, it is possible to calculate a yield for a term deposit where interest is paid quarterly and the term is six months, but it is not possible to calculate a yield for a nine month term deposit with interest paid every six months.

About the Term Deposit Yield Calculator

• The term deposit yield calculator allows the user to compare yields on term deposits with different interest rates, terms and frequencies at which interest is paid.

• A yield is the annual return on an investment expressed as a percentage.

• A yield will differ from an interest rate if interest is paid more frequently then annually, due to the compounding of interest.