Compound Interest Calculator
CD 6-month Account from RIVER VALLEY COMMUNITY with 0.40% APY and $100,000 minimum deposit

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RIVER VALLEY COMMUNITY Rate (%):

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The product CD 6-month Account from RIVER VALLEY COMMUNITY with 0.40% 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 $20,815. The interest earned would be $815 and the tax amount on the interest earned would be approximately $244.

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

The Results for RIVER VALLEY COMMUNITY

Savings Boost of
$251 over 10 years

Cash Savings $20,000

Average Interest Earned $320

RIVER VALLEY COMMUNITY Interest Earned $570

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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	20,091	45	32
4	20,136	46	32
5	20,181	46	32
6	20,227	46	32
7	20,273	46	32
8	20,319	46	32
9	20,364	46	32
10	20,410	46	32
	TOTAL:	$457	$320

RIVER VALLEY COMMUNITY Scenario

	Rate: 0.40%	Annual Interest	Annual Interest (After Tax)
1	20,000	80	56
2	20,080	80	56
3	20,160	81	56
4	20,241	81	57
5	20,322	81	57
6	20,403	82	57
7	20,485	82	57
8	20,567	82	58
9	20,649	83	58
10	20,732	83	58
	TOTAL:	$815	$570

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Compound Interest Calculator CD 6-month Account from RIVER VALLEY COMMUNITY with 0.40% APY and $100,000 minimum deposit