Does your investment portfolio include a certificate account? (Credit unions usually call these "Share Certificates" and banks usually call these “CDs”). Find out how much they will be worth at maturity.
Enter the amount of your initial certificate.
Certificate Term (Months)
Enter the term for the certificate account in months.
Certificate Dividend/Interest Rate
Enter the annual dividend/interest rate on your Certificate.
Enter the compounding frequency of your certificate.
Federal Tax Rate
Enter your federal tax rate. If you are using a tax free savings instrument, then enter 0%.
State Tax Rate
Enter your state tax rate. If you are using a tax free savings instrument for the state in which you reside, then enter 0%.
Enter the expected inflation rate for the period in question. The historical average is about 3%.
Based on the terms of the Certificate, you will earn
$0 in dividends/interest and have a total value of
$0 at the end of the term.
When adjusted for inflation of
$0 is worth
Serving employees and employee family members who work for select employers in the Genesee, Lapeer, or Shiawassee County, or Deerfield and Tyrone Townships in Livingston County area. See website for details.PO Box 1635Flint, MI 48501-1635(810) 767-8390www.dortonline.org
Compare CD Rates at Bankrate.com, the Web's leading aggregator of financial rate information. Bankrate surveys approximately 4,800 financial institutions in all 50 states in order to provide clear, unbiased rates to consumers.
About.com's Money In Your 20's section has great articles to get you thinking about ways to save and invest better.