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 0.91% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 457 | 320 |
| 2 | 50,457 | 461 | 323 |
| 3 | 50,918 | 465 | 326 |
| 4 | 51,384 | 470 | 329 |
| 5 | 51,853 | 474 | 332 |
| 6 | 52,327 | 478 | 335 |
| 7 | 52,805 | 483 | 338 |
| 8 | 53,288 | 487 | 341 |
| 9 | 53,775 | 492 | 344 |
| 10 | 54,267 | 496 | 347 |
| 11 | 54,763 | 501 | 350 |
| 12 | 55,263 | 505 | 354 |
| 13 | 55,768 | 510 | 357 |
| 14 | 56,278 | 514 | 360 |
| 15 | 56,792 | 519 | 363 |
| 16 | 57,311 | 524 | 367 |
| 17 | 57,835 | 529 | 370 |
| 18 | 58,364 | 533 | 373 |
| 19 | 58,897 | 538 | 377 |
| 20 | 59,436 | 543 | 380 |
| TOTAL | $9,979 | $6,985 |
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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|
|
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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|
|
4.85% |
$500 |
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|
Last change: ↓0.10% on October 28. |
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