Compound Interest Calculator
CD 5-year Account from SUN EAST with 3.10% APY and $99,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 5-year Account from SUN EAST with 3.10% APY and $99,000 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 $27,140. The interest earned would be $7,140 and the tax amount on the interest earned would be approximately $2,142.

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 SUN EAST

Savings Boost of
$3,659 over 10 years
Cash Savings $20,000
Average Interest Earned $1,340

 
SUN EAST Interest Earned $4,998

 

 

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:
0.92%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 184 129
2 20,184 185 130
3 20,369 187 131
4 20,556 189 132
5 20,745 190 133
6 20,935 192 135
7 21,127 194 136
8 21,321 196 137
9 21,517 198 138
10 21,714 199 140
TOTAL: $1,914 $1,340

SUN EAST Scenario

Rate:
3.10%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 620 434
2 20,620 639 447
3 21,259 659 461
4 21,918 679 476
5 22,598 701 490
6 23,298 722 506
7 24,020 745 521
8 24,765 768 537
9 25,533 792 554
10 26,324 816 571
TOTAL: $7,140 $4,998

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.


Recent Rate Changes



Date APY
April 9, 2024 3.10%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.15% on March 22.

Last change: ↓0.50% on October 1, 2024.

Last change: ↑0.20% on January 18.

Last change: ↓0.15% on January 25.

Last change: ↓0.50% on February 25.



Customer Reviews for Sun East


  • August 10, 2021

    There does not seem to be anywhere that I can locate info as to what my membership rights are in relation to decision making for the Credit Union. This seems to be a problem for any institution that is supposedly owned by the members... I have requested from a staff person working in membership services as someone at the Credit Union management to send me that information and was told that they would request it for me.. I look forward to reading it if and when it arrives.

  • November 17, 2018 |

    CDs 27 Month Rates

    ok


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