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 3.69% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 1,846 | 1,292 |
| 2 | 51,846 | 1,914 | 1,340 |
| 3 | 53,759 | 1,984 | 1,389 |
| 4 | 55,743 | 2,057 | 1,440 |
| 5 | 57,801 | 2,133 | 1,493 |
| 6 | 59,934 | 2,212 | 1,549 |
| 7 | 62,146 | 2,294 | 1,606 |
| 8 | 64,440 | 2,378 | 1,665 |
| 9 | 66,819 | 2,466 | 1,726 |
| 10 | 69,285 | 2,557 | 1,790 |
| 11 | 71,842 | 2,652 | 1,856 |
| 12 | 74,494 | 2,750 | 1,925 |
| 13 | 77,244 | 2,851 | 1,996 |
| 14 | 80,095 | 2,956 | 2,069 |
| 15 | 83,051 | 3,065 | 2,146 |
| 16 | 86,116 | 3,179 | 2,225 |
| 17 | 89,295 | 3,296 | 2,307 |
| 18 | 92,591 | 3,418 | 2,392 |
| 19 | 96,008 | 3,544 | 2,481 |
| 20 | 99,552 | 3,674 | 2,572 |
| TOTAL | $53,227 | $37,259 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
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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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4.90% |
$500 |
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Last change: ↓0.05% on September 27. |
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4.90% |
$1,000 |
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Last change: ↓0.10% on October 1. |
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