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 0.27% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 135 | 95 |
| 2 | 50,135 | 135 | 95 |
| 3 | 50,270 | 136 | 95 |
| 4 | 50,406 | 136 | 95 |
| 5 | 50,542 | 136 | 96 |
| 6 | 50,679 | 137 | 96 |
| 7 | 50,815 | 137 | 96 |
| 8 | 50,953 | 138 | 96 |
| 9 | 51,090 | 138 | 97 |
| 10 | 51,228 | 138 | 97 |
| 11 | 51,367 | 139 | 97 |
| 12 | 51,505 | 139 | 97 |
| 13 | 51,644 | 139 | 98 |
| 14 | 51,784 | 140 | 98 |
| 15 | 51,924 | 140 | 98 |
| 16 | 52,064 | 141 | 98 |
| 17 | 52,204 | 141 | 99 |
| 18 | 52,345 | 141 | 99 |
| 19 | 52,487 | 142 | 99 |
| 20 | 52,628 | 142 | 99 |
| TOTAL | $2,770 | $1,939 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.80% |
$50,000 |
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Last change: ↓0.09% on December 7. |
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|
|
4.75% |
$50,000 |
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Last change: ↑0.25% on November 25. |
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|
|
4.70% |
$1,000 |
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Last change: ↑0.70% on December 7. |
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|
|
4.65% |
$1,500 |
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|
Last change: ↓0.05% on December 4. |
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|
|
4.65% |
$10,000 |
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|
Last change: ↓0.25% on December 23. |
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