Compound Interest Calculator
Aquesta Bank with 0.49% APY and $10,000 minimum deposit

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The product Aquesta Bank with 0.49% APY and $10,000 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 $20,996. The interest earned would be $996 and the tax amount on the interest earned would be approximately $299.

Please note that this product is available in North Carolina and 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 United Community Bank.

The Results for Aquesta Bank

Savings Boost of
$377 over 10 years

Cash Savings $20,000

Average Interest Earned $320

Aquesta Bank Interest Earned $697

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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	20,091	45	32
4	20,136	46	32
5	20,181	46	32
6	20,227	46	32
7	20,273	46	32
8	20,319	46	32
9	20,364	46	32
10	20,410	46	32
	TOTAL:	$457	$320

Aquesta Bank Scenario

	Rate: 0.49%	Annual Interest	Annual Interest (After Tax)
1	20,000	97	68
2	20,097	98	69
3	20,195	98	69
4	20,294	99	69
5	20,392	99	70
6	20,492	100	70
7	20,592	100	70
8	20,692	101	71
9	20,793	101	71
10	20,894	102	71
	TOTAL:	$996	$697

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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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Compound Interest Calculator Aquesta Bank with 0.49% APY and $10,000 minimum deposit