Compound Interest Calculator
CD 18-month Account from AMERICU with 4.50% APY and $1,000 minimum deposit

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AMERICU Rate (%):

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The product CD 18-month Account from AMERICU with 4.50% APY and $1,000 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 $31,059. The interest earned would be $11,059 and the tax amount on the interest earned would be approximately $3,318.

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

The Results for AMERICU

Savings Boost of
$7,425 over 10 years

Cash Savings $20,000

Average Interest Earned $317

AMERICU Interest Earned $7,742

Compare

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: 0.22%	Annual Interest	Annual Interest (After Tax)
1	20,000	45	31
2	20,045	45	31
3	20,090	45	32
4	20,135	45	32
5	20,180	45	32
6	20,225	45	32
7	20,270	45	32
8	20,316	46	32
9	20,361	46	32
10	20,407	46	32
	TOTAL:	$453	$317

AMERICU Scenario

	Rate: 4.50%	Annual Interest	Annual Interest (After Tax)
1	20,000	900	630
2	20,900	941	658
3	21,841	983	688
4	22,823	1,027	719
5	23,850	1,073	751
6	24,924	1,122	785
7	26,045	1,172	820
8	27,217	1,225	857
9	28,442	1,280	896
10	29,722	1,337	936
	TOTAL:	$11,059	$7,742

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.

Recent Rate Changes

Date	APY
October 12, 2023	4.50%

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Compound Interest Calculator CD 18-month Account from AMERICU with 4.50% APY and $1,000 minimum deposit