{
  "endpoint": "cd",
  "inputs": {
    "deposit": 10000,
    "apy": 4.25,
    "termMonths": 12
  },
  "result": {
    "maturity": 10425,
    "interest": 425
  },
  "notes": [
    "APY already accounts for the bank's compounding frequency, which is what makes it the comparable number (12 CFR Part 1030 / Regulation DD, Appendix A).",
    "Interest is shown before tax. CD interest is generally taxable as ordinary income."
  ],
  "meta": {
    "source": "https://farbetteroff.com",
    "calculator": "https://farbetteroff.com/calculators/cd-calculator",
    "docs": "https://farbetteroff.com/api/v1",
    "disclaimer": "Educational estimate, not financial advice."
  }
}