Compound Interest Calculator
CD 30-month Account from First Federal Savings Bank of Angola with 0.31% APY and $100,000 minimum deposit

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The product CD 30-month Account from First Federal Savings Bank of Angola with 0.31% 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 $20,629. The interest earned would be $629 and the tax amount on the interest earned would be approximately $189.

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

The Results for First Federal Savings Bank of Angola

Savings Boost of
$120 over 10 years

Cash Savings $20,000

Average Interest Earned $320

First Federal Savings Bank of Angola Interest Earned $440

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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: 0.23%	Annual Interest	Annual Interest (After Tax)
1	20,000	45	32
2	20,045	45	32
3	20,091	45	32
4	20,136	46	32
5	20,181	46	32
6	20,227	46	32
7	20,273	46	32
8	20,319	46	32
9	20,364	46	32
10	20,410	46	32
	TOTAL:	$457	$320

First Federal Savings Bank of Angola Scenario

	Rate: 0.31%	Annual Interest	Annual Interest (After Tax)
1	20,000	62	43
2	20,062	62	44
3	20,124	62	44
4	20,187	63	44
5	20,249	63	44
6	20,312	63	44
7	20,375	63	44
8	20,438	63	44
9	20,501	64	44
10	20,565	64	45
	TOTAL:	$629	$440

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Compound Interest Calculator CD 30-month Account from First Federal Savings Bank of Angola with 0.31% APY and $100,000 minimum deposit