This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
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| Year | Rate 0.53% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 266 | 186 |
| 2 | 50,266 | 267 | 187 |
| 3 | 50,533 | 269 | 188 |
| 4 | 50,802 | 270 | 189 |
| 5 | 51,073 | 272 | 190 |
| 6 | 51,344 | 273 | 191 |
| 7 | 51,617 | 275 | 192 |
| 8 | 51,892 | 276 | 193 |
| 9 | 52,168 | 278 | 194 |
| 10 | 52,446 | 279 | 195 |
| 11 | 52,725 | 280 | 196 |
| 12 | 53,005 | 282 | 197 |
| 13 | 53,287 | 283 | 198 |
| 14 | 53,571 | 285 | 199 |
| 15 | 53,856 | 287 | 201 |
| 16 | 54,142 | 288 | 202 |
| 17 | 54,430 | 290 | 203 |
| 18 | 54,720 | 291 | 204 |
| 19 | 55,011 | 293 | 205 |
| 20 | 55,303 | 294 | 206 |
| TOTAL | $5,598 | $3,918 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
5.00% |
$50,000 |
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Last change: ↑0.25% on October 28. |
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|
|
4.91% |
$25,000 |
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|
Last change: ↓0.09% on October 17. |
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|
|
4.90% |
$10,000 |
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Last change: ↓0.15% on September 6. |
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|
|
4.80% |
$50,000 |
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|
Last change: ↑0.20% on October 28. |
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|
|
4.70% |
$500 |
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|
Last change: ↓0.50% on October 1. |
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