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 3.33% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 1,664 | 1,164 |
| 2 | 51,664 | 1,719 | 1,203 |
| 3 | 53,382 | 1,776 | 1,243 |
| 4 | 55,158 | 1,835 | 1,285 |
| 5 | 56,993 | 1,896 | 1,327 |
| 6 | 58,890 | 1,959 | 1,371 |
| 7 | 60,849 | 2,024 | 1,417 |
| 8 | 62,873 | 2,092 | 1,464 |
| 9 | 64,965 | 2,161 | 1,513 |
| 10 | 67,127 | 2,233 | 1,563 |
| 11 | 69,360 | 2,308 | 1,615 |
| 12 | 71,667 | 2,384 | 1,669 |
| 13 | 74,052 | 2,464 | 1,725 |
| 14 | 76,516 | 2,546 | 1,782 |
| 15 | 79,061 | 2,630 | 1,841 |
| 16 | 81,692 | 2,718 | 1,903 |
| 17 | 84,409 | 2,808 | 1,966 |
| 18 | 87,218 | 2,902 | 2,031 |
| 19 | 90,119 | 2,998 | 2,099 |
| 20 | 93,118 | 3,098 | 2,169 |
| TOTAL | $46,216 | $32,351 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
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: ↓0.09% 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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