Compound Interest Calculator
CD 4-year Account from ASCENSION with 1.56% APY and $100,000 minimum deposit

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The product CD 4-year Account from ASCENSION with 1.56% APY and $100,000 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 $23,351. The interest earned would be $3,351 and the tax amount on the interest earned would be approximately $1,005.

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

The Results for ASCENSION

Savings Boost of
$1,162 over 10 years

Cash Savings $20,000

Average Interest Earned $1,184

ASCENSION Interest Earned $2,345

Compare

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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: 0.82%	Annual Interest	Annual Interest (After Tax)
1	20,000	163	114
2	20,163	164	115
3	20,327	166	116
4	20,493	167	117
5	20,660	168	118
6	20,828	170	119
7	20,998	171	120
8	21,169	173	121
9	21,342	174	122
10	21,516	175	123
	TOTAL:	$1,691	$1,184

ASCENSION Scenario

	Rate: 1.56%	Annual Interest	Annual Interest (After Tax)
1	20,000	312	219
2	20,312	317	222
3	20,629	322	225
4	20,951	327	229
5	21,278	332	233
6	21,611	337	236
7	21,948	343	240
8	22,290	348	244
9	22,638	353	247
10	22,992	359	251
	TOTAL:	$3,351	$2,345

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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Compound Interest Calculator CD 4-year Account from ASCENSION with 1.56% APY and $100,000 minimum deposit