Compound Interest Calculator
CD 9-month Account from KINECTA with 5.25% APY and $100 minimum deposit



Use or Change These Amounts and Rates

The product CD 9-month Account from KINECTA with 5.25% APY and $100 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 $33,362. The interest earned would be $13,362 and the tax amount on the interest earned would be approximately $4,009.

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 KINECTA

Savings Boost of
$9,035 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
KINECTA Interest Earned $9,353

 

 

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:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

KINECTA Scenario

Rate:
5.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 1,050 735
2 21,050 1,105 774
3 22,155 1,163 814
4 23,318 1,224 857
5 24,542 1,288 902
6 25,831 1,356 949
7 27,187 1,427 999
8 28,614 1,502 1,052
9 30,117 1,581 1,107
10 31,698 1,664 1,165
TOTAL: $13,362 $9,353

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

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Customer Reviews for Kinecta


  • April 19, 2021 |

    Anyone is better than dealing with these guys! It's amazing how they work.

    And I've had loans off and on for 30 years. Their website and support are horrible. Their ability to track and appropriately credit anything is the worst I've seen. Reaching a person is near impossible. Trying their phone line will take you ten minutes of answering robo-call questions. I HIGHLY recommend that you find someone else that actually can help, provides a modicum of service and doesn't charge a fee for anything and everything. Horrible service and support from everyone!

  • March 2, 2021 |

    Kinecta is a horrible banking system. They charge you illegal fees. They have poor communication and should be closed down for fraud.


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