Compound Interest Calculator
CD 5-year Account from Guaranty Bank & Trust, N.A. with 0.65% APY and $10,000 minimum deposit

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The product CD 5-year Account from Guaranty Bank & Trust, N.A. with 0.65% APY and $10,000 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 $21,339. The interest earned would be $1,339 and the tax amount on the interest earned would be approximately $402.

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

The Results for Guaranty Bank & Trust, N.A.

Savings Boost of
$-396 over 10 years

Cash Savings $20,000

Average Interest Earned $1,334

Guaranty Bank & Trust, N.A. Interest Earned $937

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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: 0.91%	Annual Interest	Annual Interest (After Tax)
1	20,000	183	128
2	20,183	184	129
3	20,367	186	130
4	20,553	188	132
5	20,741	190	133
6	20,931	191	134
7	21,122	193	135
8	21,315	195	136
9	21,510	197	138
10	21,707	198	139
	TOTAL:	$1,905	$1,334

Guaranty Bank & Trust, N.A. Scenario

	Rate: 0.65%	Annual Interest	Annual Interest (After Tax)
1	20,000	130	91
2	20,130	131	92
3	20,261	132	92
4	20,393	133	93
5	20,525	133	93
6	20,659	134	94
7	20,793	135	95
8	20,928	136	95
9	21,064	137	96
10	21,201	138	96
	TOTAL:	$1,339	$937

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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Compound Interest Calculator CD 5-year Account from Guaranty Bank & Trust, N.A. with 0.65% APY and $10,000 minimum deposit