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Deposit Calculator
Calculate deposit yield with interest capitalization and replenishments.
4.8
Calculation Parameters
Enter data for calculation
50000 $
10000 $10000000 $
5% per year
1% per year25% per year
1 yr
1 mo5 yrs
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How to Choose a Deposit and Calculate Yield
A bank deposit is a way to preserve and grow your savings. When choosing a deposit, pay attention to the interest rate, placement term, replenishment possibility and interest capitalization.
Interest capitalization significantly increases deposit yield. For example, with a deposit of $100,000 at 10% per year with monthly capitalization, you will get more in a year than with simple interest accrual at the end of the term.
Remember that deposit income is taxed if the interest rate exceeds the key rate plus 5 percentage points. The tax is 13% on the excess amount.
Frequently Asked Questions
Answers to common questions about this calculator
Interest capitalization is the addition of accrued interest to the principal deposit amount. With capitalization, interest is charged on interest, which increases yield.
Capitalization can occur daily, monthly, quarterly or at the end of the term. The more frequent the capitalization, the higher the deposit yield.
This depends on the terms of a specific deposit. Replenishable deposits usually have a lower interest rate, but allow increasing the deposit amount during the term.
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