Compound Interest Calculator
CD 3-year Account from EXPEDITION with 3.03% APY and $500 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

EXPEDITION Rate (%):

Compound Interest Period:

Tax Rate:

Please leave this field blank

The product CD 3-year Account from EXPEDITION with 3.03% APY and $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 $26,957. The interest earned would be $6,957 and the tax amount on the interest earned would be approximately $2,087.

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 EXPEDITION

Savings Boost of
$3,779 over 10 years

Cash Savings $20,000

Average Interest Earned $1,091

EXPEDITION Interest Earned $4,870

Compare

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: 0.75%	Annual Interest	Annual Interest (After Tax)
1	20,000	151	105
2	20,151	152	106
3	20,302	153	107
4	20,455	154	108
5	20,609	155	109
6	20,764	156	109
7	20,921	158	110
8	21,078	159	111
9	21,237	160	112
10	21,397	161	113
	TOTAL:	$1,558	$1,091

EXPEDITION Scenario

	Rate: 3.03%	Annual Interest	Annual Interest (After Tax)
1	20,000	606	424
2	20,606	624	437
3	21,230	643	450
4	21,874	663	464
5	22,536	683	478
6	23,219	704	492
7	23,923	725	507
8	24,648	747	523
9	25,394	769	539
10	26,164	793	555
	TOTAL:	$6,957	$4,870

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^?
My e-Banc, a division of Bradesco BAC Florida Bank	4.55%	$50,000	Learn More
Last change: ↓0.10% on February 9. 6 Month Jumbo CD.
Brilliant Bank, a division of Equity Bank	4.55%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
ableBanking, a division of Northeast Bank	4.50%	$500	Learn More
Last change: ↑0.20% on January 18.
Bread Savings, a division of Bread Financial	4.50%	$1,500	Learn More
Last change: ↓0.15% on January 25.
Finworth, a division of InsBank	4.50%	$50,000	Learn More
Last change: ↑0.20% on April 9.

Compound Interest Calculator CD 3-year Account from EXPEDITION with 3.03% APY and $500 minimum deposit