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.
Note:
it is only possible to calculate a yield where the term (the length
of the term deposit, 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 one year, but it is not possible to calculate a yield for
a nine month term deposit with interest paid every six months.
DISCLAIMER :The information on this CD/website is for general information purposes only. It is not intended as financial or investment advice and should not be construed or relied on as such. Before making any commitment of a financial nature you should seek advice from a qualified and registered financial or investment adviser.
