Compound Interest Calculator
CD 5-year Account from KSW with 1.26% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 5-year Account from KSW with 1.26% 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 $22,661. The interest earned would be $2,661 and the tax amount on the interest earned would be approximately $798.

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

The Results for KSW

Savings Boost of
$529 over 10 years
Cash Savings $20,000
Average Interest Earned $1,334

 
KSW Interest Earned $1,863

 

 

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

KSW Scenario

Rate:
1.26%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 251 176
2 20,251 255 178
3 20,506 258 180
4 20,764 261 183
5 21,025 264 185
6 21,289 268 187
7 21,557 271 190
8 21,828 274 192
9 22,102 278 194
10 22,380 281 197
TOTAL: $2,661 $1,863

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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