Compound Interest Calculator
CD 18-month Account from Bank of Prairie Village with 0.31% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 18-month Account from Bank of Prairie Village with 0.31% 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 $20,631. The interest earned would be $631 and the tax amount on the interest earned would be approximately $189.

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

The Results for Bank of Prairie Village

Savings Boost of
$123 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
Bank of Prairie Village Interest Earned $442

 

 

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

Bank of Prairie Village Scenario

Rate:
0.31%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 62 44
2 20,062 62 44
3 20,125 63 44
4 20,187 63 44
5 20,250 63 44
6 20,313 63 44
7 20,376 63 44
8 20,439 64 44
9 20,503 64 45
10 20,567 64 45
TOTAL: $631 $442

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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