Compound Interest Calculator
CD 1-year Account from NAVIGANT with 0.25% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from NAVIGANT with 0.25% 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 $20,506. The interest earned would be $506 and the tax amount on the interest earned would be approximately $152.

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

The Results for NAVIGANT

Savings Boost of
$-438 over 10 years
Cash Savings $20,000
Average Interest Earned $792

 
NAVIGANT Interest Earned $354

 

 

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:
0.55%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 110 77
2 20,110 111 78
3 20,221 112 78
4 20,333 112 79
5 20,445 113 79
6 20,558 113 79
7 20,672 114 80
8 20,786 115 80
9 20,900 115 81
10 21,016 116 81
TOTAL: $1,132 $792

NAVIGANT Scenario

Rate:
0.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 50 35
2 20,050 50 35
3 20,100 50 35
4 20,150 50 35
5 20,201 51 35
6 20,251 51 35
7 20,302 51 36
8 20,353 51 36
9 20,404 51 36
10 20,455 51 36
TOTAL: $506 $354

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 Navigant


  • January 19, 2021

    My daughter received a student loan through Navigant when her classes were being paid they sent what they said was left over was sent to my wife and myself. We sent it back and stated that it was for expenses outside needs of the student such as books, research materials, etc. We called for more info. They guaranteed it was part her student loan. Since she graduated we have been receiving bills for those dividends as a separate loan. When we called to ask why were told it was a mistake. They would straighten it out. Now 5-6 years later the IRS started to take our tax returns without even a magistrate decision. My says loan has been taken care of. But they still taking our taxes for money that should be part of her loans. Talk about shady practices. So beware people really watch for the different ways they can screw you!


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