Compound Interest Calculator
CD 1-year Account from DEL NORTE with 4.18% APY and $1,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from DEL NORTE with 4.18% 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 $30,121. The interest earned would be $10,121 and the tax amount on the interest earned would be approximately $3,036.

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 DEL NORTE

Savings Boost of
$6,296 over 10 years
Cash Savings $20,000
Average Interest Earned $789

 
DEL NORTE Interest Earned $7,085

 

 

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:
0.55%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 110 77
2 20,110 111 77
3 20,221 111 78
4 20,332 112 78
5 20,444 112 79
6 20,556 113 79
7 20,669 114 80
8 20,783 114 80
9 20,897 115 80
10 21,012 116 81
TOTAL: $1,128 $789

DEL NORTE Scenario

Rate:
4.18%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 836 585
2 20,836 871 610
3 21,707 907 635
4 22,614 945 662
5 23,560 985 689
6 24,544 1,026 718
7 25,570 1,069 748
8 26,639 1,114 779
9 27,753 1,160 812
10 28,913 1,209 846
TOTAL: $10,121 $7,085

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
February 24, 2025 4.18%
November 11, 2024 4.39%
June 13, 2024 4.55%


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