Question 1138049
the withdrawal pentlties for different banks are different.


this makes it difficult to answer your question.


here's a reference.


<a href = "https://www.fool.com/knowledge-center/how-to-calculate-the-penalty-on-an-early-withdrawa.aspx" target = "_blank">https://www.fool.com/knowledge-center/how-to-calculate-the-penalty-on-an-early-withdrawa.aspx</a>


if the early withdrawl penalty is 3 months interest, and if the penalty is applied to the original value of the CD, then i would think the penalty would be equal to .00625 * 1000 = 6.25 dollars.


that, however, is highly dependent on the policy of the bank from where you bought the CD, as explained in the reference.


the interest rate of .00625 was calculated as follows:


2.5 percent interest rate per year / 100 = .025 interest rate per year / 4 = .00625 interest rate per quarter of a year.