Compound Interest Calculator
CD 5-month Account from 121 FINANCIAL with 4.45% APY and $25,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 5-month Account from 121 FINANCIAL with 4.45% APY and $25,000 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $30,911. The interest earned would be $10,911 and the tax amount on the interest earned would be approximately $3,273.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

Our records indicate that this institution has been acquired by VYSTAR.

The Results for 121 FINANCIAL

Savings Boost of
$7,320 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
121 FINANCIAL Interest Earned $7,638

 

 

See comparison detail table

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

121 FINANCIAL Scenario

Rate:
4.45%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 890 623
2 20,890 930 651
3 21,820 971 680
4 22,791 1,014 710
5 23,805 1,059 742
6 24,864 1,106 775
7 25,971 1,156 809
8 27,126 1,207 845
9 28,333 1,261 883
10 29,594 1,317 922
TOTAL: $10,911 $7,638

Take Action

The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.



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Customer Reviews for 121 Financial


  • October 17, 2018

    This was a great credit union when it was Florida Telco. They have lost all their former great customer service. Trying care about their members anymore.... It's just like a bank


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