Can someone guide me on how to determine how much, per month, I could expect under the following scenario:

1: 100,000 Certificate of Deposit

2: Inerest Rate 4% compounded daily

3: Term is 1 year.

I am withdrawing the monthly interest. I am trying to determine how much I should expect each month.

Is there a calculator to help me deterine this?

Thank You

1: 100,000 Certificate of Deposit

2: Inerest Rate 4% compounded daily

3: Term is 1 year.

I am withdrawing the monthly interest. I am trying to determine how much I should expect each month.

Is there a calculator to help me deterine this?

Thank You

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