Compound Interest Calculator
CD 3-year Account from JUSTICE with 0.88% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from JUSTICE with 0.88% 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 $21,838. The interest earned would be $1,838 and the tax amount on the interest earned would be approximately $551.

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

The Results for JUSTICE

Savings Boost of
$199 over 10 years
Cash Savings $20,000
Average Interest Earned $1,088

 
JUSTICE Interest Earned $1,286

 

 

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 20,000 150 105
2 20,150 151 106
3 20,302 152 107
4 20,454 154 108
5 20,608 155 108
6 20,762 156 109
7 20,918 157 110
8 21,075 158 111
9 21,234 159 112
10 21,393 161 112
TOTAL: $1,554 $1,088

JUSTICE Scenario

Rate:
0.88%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 177 124
2 20,177 178 125
3 20,355 180 126
4 20,534 181 127
5 20,716 183 128
6 20,899 185 129
7 21,083 186 130
8 21,269 188 131
9 21,457 189 133
10 21,647 191 134
TOTAL: $1,838 $1,286

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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