Compound Interest Calculator
Money Market Account from BROWARD HEALTHCARE with 0.14% APY and $2,500 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from BROWARD HEALTHCARE with 0.14% APY and $2,500 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 $20,282. The interest earned would be $282 and the tax amount on the interest earned would be approximately $85.

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

The Results for BROWARD HEALTHCARE

Savings Boost of
$-121 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
BROWARD HEALTHCARE Interest Earned $197

 

 

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

BROWARD HEALTHCARE Scenario

Rate:
0.14%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 28 20
2 20,028 28 20
3 20,056 28 20
4 20,084 28 20
5 20,112 28 20
6 20,140 28 20
7 20,169 28 20
8 20,197 28 20
9 20,225 28 20
10 20,253 28 20
TOTAL: $282 $197

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.



Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↑3.00% on August 7.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.



Customer Reviews for Broward Healthcare


  • December 28, 2022 |

    Commerical branch is terrible. Their overdraft fees are terrible and good luck getting anyone to cut you a break.

  • March 15, 2022 |

    They decline a transaction every chance they get even when you have 5 times the amount in there. Your money is not safe here .

  • May 27, 2021 |

    Customer service sucks at the Commercial location


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