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 0.53% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 266 | 186 |
| 2 | 50,266 | 267 | 187 |
| 3 | 50,532 | 268 | 188 |
| 4 | 50,801 | 270 | 189 |
| 5 | 51,070 | 271 | 190 |
| 6 | 51,342 | 273 | 191 |
| 7 | 51,614 | 274 | 192 |
| 8 | 51,888 | 276 | 193 |
| 9 | 52,164 | 277 | 194 |
| 10 | 52,441 | 278 | 195 |
| 11 | 52,719 | 280 | 196 |
| 12 | 52,999 | 281 | 197 |
| 13 | 53,281 | 283 | 198 |
| 14 | 53,564 | 284 | 199 |
| 15 | 53,848 | 286 | 200 |
| 16 | 54,134 | 287 | 201 |
| 17 | 54,421 | 289 | 202 |
| 18 | 54,710 | 291 | 203 |
| 19 | 55,001 | 292 | 204 |
| 20 | 55,293 | 294 | 206 |
| TOTAL | $5,587 | $3,911 |
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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|
|
4.90% |
$1,000 |
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Last change: ↓0.10% on October 1. |
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