Compound Interest Calculator
CD 3-year Account from SAN DIEGO COUNTY with 2.10% APY and $90,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from SAN DIEGO COUNTY with 2.10% APY and $90,000 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 $24,620. The interest earned would be $4,620 and the tax amount on the interest earned would be approximately $1,386.

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 SAN DIEGO COUNTY

Savings Boost of
$2,148 over 10 years
Cash Savings $20,000
Average Interest Earned $1,086

 
SAN DIEGO COUNTY Interest Earned $3,234

 

 

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 20,301 152 107
4 20,453 153 107
5 20,607 155 108
6 20,761 156 109
7 20,917 157 110
8 21,074 158 111
9 21,232 159 111
10 21,391 160 112
TOTAL: $1,552 $1,086

SAN DIEGO COUNTY Scenario

Rate:
2.10%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 420 294
2 20,420 429 300
3 20,849 438 306
4 21,287 447 313
5 21,734 456 319
6 22,190 466 326
7 22,656 476 333
8 23,132 486 340
9 23,618 496 347
10 24,114 506 354
TOTAL: $4,620 $3,234

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Recent Rate Changes



Date APY
October 30, 2023 2.10%
August 20, 2023 1.95%


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