Compare Savings vs. CDs
Comparison of Deposit Account from Bristol County Savings Bank with 2.49% - November 2024


Long-Term Analysis of Bristol County Savings Bank with 2.49% APY

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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$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL MONEY MARKET
    2.49%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $250,000
     
    SCENARIO
    Year Rate
    2.49%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,245 872
    2 51,245 1,276 893
    3 52,521 1,308 915
    4 53,829 1,340 938
    5 55,169 1,374 962
    6 56,543 1,408 986
    7 57,951 1,443 1,010
    8 59,394 1,479 1,035
    9 60,873 1,516 1,061
    10 62,388 1,553 1,087
    11 63,942 1,592 1,115
    12 65,534 1,632 1,142
    13 67,166 1,672 1,171
    14 68,838 1,714 1,200
    15 70,552 1,757 1,230
    16 72,309 1,800 1,260
    17 74,110 1,845 1,292
    18 75,955 1,891 1,324
    19 77,846 1,938 1,357
    20 79,784 1,987 1,391
    TOTAL $31,771 $22,240

    All calculations are for demonstration purposes only.

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