Compound Interest Calculator
CD 5-year Account from GREENSTATE with 0.75% APY and $500 minimum deposit



Use or Change These Amounts and Rates

The product CD 5-year Account from GREENSTATE with 0.75% 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 $21,552. The interest earned would be $1,552 and the tax amount on the interest earned would be approximately $465.

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 GREENSTATE

Savings Boost of
$-249 over 10 years
Cash Savings $20,000
Average Interest Earned $1,335

 
GREENSTATE Interest Earned $1,086

 

 

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:
0.92%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 183 128
2 20,183 185 129
3 20,368 186 130
4 20,554 188 132
5 20,742 190 133
6 20,932 192 134
7 21,123 193 135
8 21,317 195 137
9 21,512 197 138
10 21,709 199 139
TOTAL: $1,907 $1,335

GREENSTATE Scenario

Rate:
0.75%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 150 105
2 20,150 151 106
3 20,301 152 107
4 20,453 153 107
5 20,607 155 108
6 20,761 156 109
7 20,917 157 110
8 21,074 158 111
9 21,232 159 111
10 21,391 160 112
TOTAL: $1,552 $1,086

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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Customer Reviews for Greenstate


  • November 11, 2022

    CDs 24 Month Rates

    It would be great to hear back from someone regarding my bump-up rate currently available, BEFORE 18 days has passed. Still waiting.

  • June 21, 2022

    CDs 26 Month Rates

    Usually better rates here, but if it comes due ending on a holiday weekend, you will not get an extra day & will get stuck with a low rate for another cd.


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