Compound Interest Calculator
UNIVERSITY OF WISCONSIN with 3.25% APY and $50,000 minimum deposit



Use or Change These Amounts and Rates

The product UNIVERSITY OF WISCONSIN with 3.25% APY and $50,000 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 $27,538. The interest earned would be $7,538 and the tax amount on the interest earned would be approximately $2,261.

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 UNIVERSITY OF WISCONSIN

Savings Boost of
$4,958 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
UNIVERSITY OF WISCONSIN Interest Earned $5,277

 

 

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:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

UNIVERSITY OF WISCONSIN Scenario

Rate:
3.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 650 455
2 20,650 671 470
3 21,321 693 485
4 22,014 715 501
5 22,730 739 517
6 23,468 763 534
7 24,231 788 551
8 25,018 813 569
9 25,832 840 588
10 26,671 867 607
TOTAL: $7,538 $5,277

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
October 28, 2024 3.25%
October 21, 2024 3.26%
October 14, 2024 3.28%
October 7, 2024 3.24%
September 30, 2024 3.22%
June 10, 2024 3.42%
June 3, 2024 3.37%
May 27, 2024 3.36%
May 20, 2024 3.35%
April 29, 2024 3.36%
April 23, 2024 3.25%
April 10, 2024 3.24%
March 19, 2024 3.22%
March 14, 2024 3.21%
January 23, 2024 3.20%
January 15, 2024 3.21%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↑3.00% on August 7.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.