It's important to note that the interest you earn on your deposit depends on the interest rate, the term of the deposit, and the compounding method.
Value at Maturity |
Interest Earned |
Average Monthly Interest |
Annual Percentage Yield (APY) |
---|---|---|---|
$ 11,610.38 | $ 1,610.38 | $ 26.84 | 3.031 % |
Savings Category | Amount |
---|---|
Deposit | $ 10,000 |
Interest Earned | $ 1,610.38 |
Savings at Maturity | $ 11,610.38 |
It's important to note that the interest you earn on your deposit depends on the interest rate, the term of the deposit, and the compounding method.