Compound Interest Calculator
CD 3-year Account from TRI COUNTY AREA with 0.80% APY and $10,000 minimum deposit

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The product CD 3-year Account from TRI COUNTY AREA with 0.80% 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 $21,659. The interest earned would be $1,659 and the tax amount on the interest earned would be approximately $498.

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

The Results for TRI COUNTY AREA

Savings Boost of
$74 over 10 years

Cash Savings $20,000

Average Interest Earned $1,088

TRI COUNTY AREA Interest Earned $1,161

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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: 0.75%	Annual Interest	Annual Interest (After Tax)
1	20,000	150	105
2	20,150	151	106
3	20,302	152	107
4	20,454	154	108
5	20,608	155	108
6	20,762	156	109
7	20,918	157	110
8	21,075	158	111
9	21,234	159	112
10	21,393	161	112
	TOTAL:	$1,554	$1,088

TRI COUNTY AREA Scenario

	Rate: 0.80%	Annual Interest	Annual Interest (After Tax)
1	20,000	160	112
2	20,160	161	113
3	20,321	163	114
4	20,484	164	115
5	20,648	165	116
6	20,813	167	117
7	20,979	168	117
8	21,147	169	118
9	21,316	171	119
10	21,487	172	120
	TOTAL:	$1,659	$1,161

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Compound Interest Calculator CD 3-year Account from TRI COUNTY AREA with 0.80% APY and $10,000 minimum deposit