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 0.14% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 70 | 49 |
| 2 | 50,070 | 70 | 49 |
| 3 | 50,140 | 70 | 49 |
| 4 | 50,210 | 70 | 49 |
| 5 | 50,281 | 70 | 49 |
| 6 | 50,351 | 70 | 49 |
| 7 | 50,421 | 71 | 49 |
| 8 | 50,492 | 71 | 49 |
| 9 | 50,563 | 71 | 50 |
| 10 | 50,634 | 71 | 50 |
| 11 | 50,704 | 71 | 50 |
| 12 | 50,775 | 71 | 50 |
| 13 | 50,846 | 71 | 50 |
| 14 | 50,918 | 71 | 50 |
| 15 | 50,989 | 71 | 50 |
| 16 | 51,060 | 71 | 50 |
| 17 | 51,132 | 72 | 50 |
| 18 | 51,203 | 72 | 50 |
| 19 | 51,275 | 72 | 50 |
| 20 | 51,347 | 72 | 50 |
| TOTAL | $1,419 | $993 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
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|
4.55% |
$50,000 |
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Last change: ↓0.10% on February 9. |
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4.55% |
$1,000 |
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Last change: ↓0.50% on October 1, 2024. |
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|
|
4.50% |
$500 |
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Last change: ↑0.20% on January 18. |
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|
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4.50% |
$1,500 |
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Last change: ↓0.15% on January 25. |
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|
|
4.50% |
$50,000 |
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Last change: ↑0.20% on April 9. |
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