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 0.51% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 256 | 179 |
| 2 | 50,256 | 257 | 180 |
| 3 | 50,512 | 258 | 181 |
| 4 | 50,770 | 259 | 182 |
| 5 | 51,030 | 261 | 183 |
| 6 | 51,291 | 262 | 183 |
| 7 | 51,553 | 263 | 184 |
| 8 | 51,816 | 265 | 185 |
| 9 | 52,081 | 266 | 186 |
| 10 | 52,347 | 267 | 187 |
| 11 | 52,615 | 269 | 188 |
| 12 | 52,883 | 270 | 189 |
| 13 | 53,154 | 272 | 190 |
| 14 | 53,425 | 273 | 191 |
| 15 | 53,698 | 274 | 192 |
| 16 | 53,973 | 276 | 193 |
| 17 | 54,248 | 277 | 194 |
| 18 | 54,526 | 279 | 195 |
| 19 | 54,804 | 280 | 196 |
| 20 | 55,084 | 281 | 197 |
| TOTAL | $5,366 | $3,756 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
5.00% |
$50,000 |
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Last change: ↑0.25% on October 28. |
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|
|
5.00% |
$500 |
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Last change: ↑3.00% on August 7. |
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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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